SOP Templates > Roofing > Finance & Accounting > Job Cost Tracking

Job Cost Tracking for Roofing

The Job Cost Tracking workflow provides roofing contractors with a structured system for managing expenses tied to each project. It covers logging labor hours, material purchases, equipment use, and subcontractor charges. Managers review costs weekly, reconcile invoices, and adjust forecasts. By following this process, roofing companies reduce overruns, protect profitability, and improve efficiency. Clients benefit from transparency and accurate invoicing. Teams gain accountability through documented cost reporting. With this workflow in place, roofing contractors can strengthen professionalism, improve financial oversight, and deliver projects more reliably while maintaining control over budgets.

Set up job cost codes based on budget categories (labor, materials, subs, equipment, etc.)

Enter original budget and any approved changes into job cost tracking system

Assign cost codes to all purchase orders, timecards, and subcontractor agreements

Record daily labor hours and costs to the correct job and task

Track material purchases and deliveries with matching invoices

Update subcontractor pay apps and payments under correct cost codes

Enter equipment rentals, fuel, or miscellaneous job expenses

Reconcile actual costs weekly or monthly against budgeted amounts

Flag overruns or under-spending for review with project team

Analyze cost-to-complete projections and adjust forecast if needed

Share job cost reports with project manager and leadership

Archive all cost data for final closeout and future estimating reference