Job costing for electrical contractors
Electrical work is labour-heavy, and it happens in phases. The risk is that rough-in quietly uses up hours that were meant for trim, and nobody notices until the last week. JobFigure puts crew hours on the job as they happen, so you can check labour at the end of each phase.
What electrical contractors track in JobFigure
- Labour against each phase. Crews clock in to the job; compare labour spent to where you are in rough-in, trim, and finish.
- Materials vs. fixtures. Wire, conduit, and gear in one category, fixtures in another, so owner-supplied fixture changes stand out.
- Permits and inspections. Small costs, but they add up across jobs if they aren’t tracked.
- Changes in the field. Added circuits and relocated devices get logged as change orders before the work is done.
Set up for electrical from the first day
When you pick Electrical as your trade, JobFigure loads these cost categories for budgets, receipts, and job costs. You can rename or add your own at any time.
- Materials
- Labour
- Fixtures
- Equipment Rental
- Permits
- Fuel
- Subcontractor
- Other
Bid line items use the units electrical actually bid in: linear feet (LF), each (EA), and lump sum (LS).
Example: what a electrical job looks like mid-way
Rough-in is complete and trim-out starts next week. Fixtures haven’t been bought yet.
| Cost category | Budget | Spent so far |
|---|---|---|
| Materials | $21,600 | $19,980 |
| Labour | $40,500 | $29,160 |
| Fixtures | $14,850 | $0 |
| Equipment Rental | $2,030 | $1,220 |
| Permits | $1,080 | $1,080 |
| Other | $1,620 | $680 |
| Total | $81,680 | $52,120 |
Labour is 72% spent at the end of rough-in. If you planned rough-in at about 60% of your labour, trim starts 12 points behind. Now is the time to plan the crew for trim, or find the change order that explains the extra hours.
Invoices the Canadian way
Set your company to Canada and each invoice applies GST, HST, or GST plus PST or QST for the province where the work is, and tracks the 10% holdback. At year end, the subcontractor payments report gives you the totals for T5018 slips. Prices are in Canadian dollars. More in our guide: GST/HST, PST and holdback on construction invoices in Canada.
Guides and tools for electrical contractors
GST/HST, PST and holdback on construction invoices in Canada
Canada: sales tax by province, PST on construction, the 10% holdback, and T5018 slips.
GuideGPS time clocks for construction crews: a practical guide
What GPS clocks fix, how they work, and what to watch for: notice, privacy, drive time, overtime.
GuideJob costing for contractors: a step-by-step guide
What counts as a job cost, and a six-step system to know what every job made before it’s over.