Cost Reporting

For The Tightest Control On Your Costs

One of our strengths is providing you the critical reports you need to make profitable decisions. So you can confidently guide your business forward through any economy. Cost reporting is one of these critical reports.

Cost reporting (also known as job costing and class coding) identifies the costs and expenses directly attributed to a specific job, class or project. For instance, contractors monitoring costs for a project, a non-profit tracking grant funds, or a manufacturer seeing the total cost of a production run.

Our reports let you drill down to specific details, so you clearly see the most advantageous course of action. One example is when a machine is down, you’ll know if it’s more cost-effective to do a quick repair, a premium repair, or move employees to a new machine running a longer shift.

Cost reporting is ideal for any type of business who wants a tighter control on costs. The reports provide a system for continuously monitoring cost versus budget.

More Cost Reporting Benefits:

  • Optimize pricing
  • Classify costs
  • Identify profit and loss centers
  • Control materials and supplies
  • Maintain optimum level of inventory materials and supplies
  • Accurately value inventories
  • Control labor costs
  • Measure operational efficiency
  • Reduce losses from seasonal fluctuations
 Ken Gearhart
Ken Gearhart
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“Forbush and Associates has been our contract CFO and Controller since 2002. Being a general contractor, Forbush and Associates assisted us in each step of the way from one subdivision and 2 houses being built at one time to 6 subdivisions and more than 30 houses being built at the same time. Additionally, Forbush and Associates worked diligently in diversifying our client base in efforts to reduce the fluctuations of a residential construction market to our revenue streams. Due to Forbush and Associates assistance, we built other revenue sources and streams that provided us more than $10,000 per month in free cash flow while other contractors went out of business. Forbush and Associates has worked with us in seeing new opportunities in farther reaching communities and has begun to assist in rebuilding our Company after a rough three years including international operations. I would recommend Forbush and Associates to anyone whether it be a tax return preparation or full service business consulting and administration.”
Nancy Durano
Nancy Durano
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“Working with Forbush and Associates has given me peace of mind. I trust your advice because you have a reputation of integrity and honesty and working with Forbush’s team has helped me dramatically to improve communication with my lawyer…your team had the knowledge, experience, wisdom and my best interest at heart. There is no way to repay you for what you have done for me, but I think your team is wonderful and wanted you to know.”
Gary Harmon
Gary Harmon
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“Minuteman Press has used Forbush & Associates for the past four years and we are extremely happy with their strategic planning and tax consultation services. During this time, we have received over $30,000 in refunds from Federal & State taxes that we were not able to recover while using our previous tax preparation company.In addition, we have improved our cash flow and bottom line performance by more than $125,000 as a direct result of Forbush’s strategic planning advice. Who would have anticipated that a simple review of past tax returns could lead to these kind of results?I strongly urge any small business owner to have Forbush & Associates review your last 2-3 year’s tax returns. You won’t be sorry!”
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