How to Use Job Costing to Track Trade Show Expenses (and Determine Profit)

▤ Summary

As a wholesale distribution business, you may not realize how many unique jobs/projects you have in any given year where you could benefit from tracking the associated costs, revenues, and profits. Job costing is something that, historically, is used to keep track of a project like building a house, but for Blue Link users in the wholesale and distribution industry, we have seen them maximize the usefulness of the level of tracking that job costing can offer, and apply it to something like trade shows. Job Costing will let you solve that mystery, and you will be able to find out if you made or lost money by attending that trade show. After you ask yourself these questions with your data in front of you, you should be able to come to better and more informed conclusions, and appropriately budget for next time There might be alternative paths that can introduce your business to potential customers – less costly options, for example. By being able to really look at this data and not just try to come up with something off the top of your head, there won’t be any guessing or wondering if you made the right gut choice – you will have the numbers to back it up.

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$1M to $5M