Several of our clients have multiple rental properties and we need to dissect the various properties. Essentials would be an ideal tool for this, but we don't seem to be able to segregate transactio...
- What problem are you solving with this feature?
Currently MYOB essentials does not allow you to track expenses against a particular "Job" which inhibits users to calculate the cost of a particular job.
- What are the main benefits to this feature?
Allowing reporting on jobs will assist in understanding how your business is running at the job level rather than just an overall level
- Do you think Jobs is a universally understood name or is there a better term we could be using?
"Jobs" might not be a universal name for this but see it as associating expenses to a particular category/job. I receive 100 expenses a day. 40 needs to be assigned to one job and the otehr 60 to another job. At the end of those jobs I will know the exact cost of the job which I can then compare to invoices sent for that job and finally will have a report to work out what profit or loss was made on that particular job.
- What industry are you in?
I am in the construction industry and when I talk about jobs I'm referring to actual construction jobs/addresses I am completing. I do have a crude workaround that I fo use. I make up my own job ids and input these as a prefix to the invoice numbers for the expeses. Then I can use the search function to search for the job id and it wil give me a list of all expenses for that id. If I scroll to the bottom of the list I will have the complete cost of that job. Same with invoices. Then I use a pen and paper to work out if that job was profitable and use this information when quoting/estimating future jobs.
Furth notes: Ideally you would want the "Job" selection to be a drop down box selection and unique. Older jobs should be able to be removed from the list to minimise list.
Hope that help.