QuoteIQ Job Costing automatically calculates real profit margins by tracking labor costs, expenses, and revenue—so you know exactly which jobs make money and which ones lose money.
QuoteIQ Job Costing is a real-time profit tracking feature that automatically calculates your actual profit on every job. Unlike revenue tracking (which only shows what customers pay), QuoteIQ Job Costing factors in labor costs and expenses to show you the real money you take home.
QuoteIQ Job Costing was the #1 most-requested feature from QuoteIQ users. Contractors needed to know which jobs make money and which ones lose money—not just total revenue, but actual profit after all costs.
💡 Revenue ≠ Profit. A $1,500 job might only net you $200 profit after labor and materials. QuoteIQ Job Costing shows you the truth.
See your real profit in 4 simple steps—no spreadsheets, no manual calculations.
Open any scheduled or completed job in QuoteIQ. QuoteIQ Job Costing works on every job type.
Navigate to the Report tab to see your QuoteIQ Job Costing breakdown and profit margin bar.
See Total Price, Labor Costs, and Expenses all broken down. Expand sections for line item details.
QuoteIQ Job Costing calculates your actual profit and profit margin percentage automatically.
Every component that affects your real profit—automatically tracked and calculated.
What the customer pays for the job. Pulled directly from your QuoteIQ invoice or estimate.
Employee wages based on hourly rate × hours worked. Auto-calculated from QuoteIQ time tracking.
Materials, supplies, subcontractor fees, equipment rental—any cost tied to the job.
QuoteIQ Job Costing calculates: Profit = Total Price − Labor − Expenses. Plus profit margin percentage.
Stop guessing. Start knowing exactly where your money goes.
QuoteIQ Job Costing shows actual profit on every job—not just revenue. No more guessing if jobs are profitable.
Discover which services make money and which lose money. QuoteIQ Job Costing reveals the truth.
Stop underpricing jobs. Use QuoteIQ Job Costing data to set prices that actually make you money.
QuoteIQ Job Costing eliminates manual tracking. Labor costs pull from time tracking automatically.
See which employees/crews complete jobs profitably. Hold teams accountable for time efficiency.
Track profit trends across your business with QuoteIQ Job Costing. Spot patterns over time.
Real scenarios where contractors use QuoteIQ Job Costing to make better decisions.
Discover that your “quick” gutter cleaning jobs have 80% margins while your “big” exterior painting jobs run at 15%. Use QuoteIQ Job Costing to raise prices on low-margin services or improve efficiency to boost profit.
See which employees complete jobs profitably and which consistently run over on labor hours. QuoteIQ Job Costing shows if certain crews need training or if job time estimates need adjustment.
Track actual material expenses against what you quoted. QuoteIQ Job Costing helps identify when you’re underestimating supplies so you can adjust future quotes accordingly.
Double down on high-margin services, reduce focus on low-margin work, or re-price accordingly. QuoteIQ Job Costing data shows which services deserve more marketing investment.
QuoteIQ Job Costing pulls directly from QuoteIQ’s built-in time tracking system. When employees clock in and out of jobs, labor costs calculate automatically based on their hourly rate set in EmployeeHub.
Common questions about QuoteIQ Job Costing answered.
QuoteIQ Job Costing is a profit tracking feature that automatically calculates your real profit on every job. It takes the Total Price (what the customer pays), subtracts Labor Costs (calculated from employee time tracking) and Expenses (materials, supplies, subcontractors), and shows you the actual Profit and Profit Margin percentage.
QuoteIQ Job Costing is included on ALL QuoteIQ plans—Beginner, Pro, Elite, and Max. This was the #1 most-requested feature from QuoteIQ users, so it’s available to every contractor regardless of plan level.
No! QuoteIQ Job Costing automatically pulls labor costs from QuoteIQ’s built-in time tracking system. When employees clock in and out of jobs, their labor costs calculate automatically based on the hourly rate you’ve set for each employee in EmployeeHub. No spreadsheets or manual entry required.
To access QuoteIQ Job Costing, open any scheduled or completed job and navigate to the Report tab. You’ll see the visual profit margin bar, plus expandable sections for Line Items, Labor costs, and Expenses.
Yes! QuoteIQ Job Costing lets you add expenses per job including materials, supplies, subcontractor fees, equipment rental, and any other costs. Simply expand the Expenses section in the Job Report and add your costs. QuoteIQ Job Costing will automatically calculate your updated profit.
QuoteIQ Job Costing reveals which services are actually profitable. You might discover your $500 gutter cleaning jobs net $380 profit (76% margin) while your $1,200 painting jobs only net $200 (17% margin). With this data, you can raise prices on low-margin services or improve operational efficiency to boost profit.
Revenue is the Total Price—what the customer pays you. Profit is what’s left after you subtract Labor Costs and Expenses. A $1,500 job might only net you $200 profit after all costs. QuoteIQ Job Costing shows you both, so you understand the real money you take home.
Yes! Since QuoteIQ Job Costing integrates with time tracking, you can see which employees or crews complete jobs profitably versus those who consistently run over on labor hours. This helps you identify training needs or adjust job time estimates for better accuracy.
Join 40,000+ contractors who trust QuoteIQ to run their business. QuoteIQ Job Costing is included on all plans—start your free trial today.
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