Track Projects with Job Costing for Accounts Payable
Track and manage construction expenses, and allocate costs to the right contracts, jobs, and projects.
With the job costing management tool in NexusPayables, get job cost data directly from General Ledgers to properly code invoices/POs.
Allocate Job Costs Effortlessly
With just a few clicks, AP managers can make sure that all expenses go to the correct cost center. Only construction projects assigned to the selected property will appear in the menu, reducing coding errors.
Compare to Budget
Each line item entered – from an invoice or purchase order – can be compared to the budget in your accounting system. Nexus will automatically look up the amount and validate whether the entered line item is allowable. If not enough money is available, the line item will not be allowed, forcing the user to tap the change order process.
Report on Construction Management Expenses
AP managers can pull a wide range of reports about the project to date.
They can also get insight on accrued expenses that have not yet been approved for payment.