What is a production job?
A production job is an internal project that can be used when building, compiling or assembling new products to go into your stock. It helps you to manage your team’s time and the costs of production the same way a project would, but with some extra features that make life easier for you and your team.
What’s the main difference between projects and production jobs?
The main benefit to production jobs is that you can easily transfer your produced items into stock at the end of the project. It does the heavy lifting in terms of averaging out and applying the cost to your newly produced stock. It means that when the newly produced stock is used on a project, the team will know the cost and can add the appropriate margin.
On completion, WorkGuru will stock adjust the output product(s) into stock with the unit cost determined by the actual cost of the project divided by the output quantity. You will also have the option of capitalising your labour cost to SoH in Xero or not (which option best suits your accounting requirements should be discussed with your accountant).
What stays the same?
Managing your production jobs is functionally exactly the same as a standard project, so your team will have access to the same familiar tools they use every day. So, your team can add timesheets to projects, use materials from stock or raise a purchase order for new materials, just like on a project.
Want to learn more about WorkGuru production jobs?
To see product jobs and WorkGuru’s many other job management tools in action, book a free demo with the team. WorkGuru’s demos are hands-on and personalised to your business so you can get an accurate look at how WorkGuru will help your business.