Finance & Job Costing · 31 features
Know what every job actually costs - while it's still running.
Thirty-one Finance features - general ledger, payables, receivables, budgeting, fixed assets, and period close - fused with standard and job costing so labor, material, and overhead roll up against every work order in real time, with Trunnion AI watching variance and cash flow before the month closes.
The challenge
- !Job costs are reconciled weeks after the work ships, so a money-losing job is only discovered at month-end
- !The general ledger lives in one system and the shop floor in another, so labor, material, and overhead never reconcile cleanly
- !Budget variances and cash-flow surprises surface in the close, long after anyone can act on them
- !Inventory valuation, PO accruals, and AP matching are manual, error-prone, and audit-fragile
What it does
- ✓Standard and job costing roll actual labor, material, and overhead against every work order as it runs, not at month-end
- ✓General ledger with a configurable chart of accounts, journal entries, and approval workflows
- ✓Accounts payable with 3-way matching across purchase order, receipt, and invoice, plus payment scheduling
- ✓Accounts receivable with invoicing, aging, and collections tied to fulfilled sales orders
- ✓Budgeting, cost centers, and CapEx tracking with allocation, variance analysis, drill-down, and ROI
- ✓Trunnion AI Budget Variance and Cash Flow Forecast agents flag drift and working-capital risk before the period closes
Inside the module
Every capability, included.
The intelligence
Two AI agents on the books, always on.
Budget Variance AI
Continuously compares actuals to budget across cost centers and projects, surfacing material drift and its likely drivers before the variance lands in the close.
Cash Flow Forecast
Projects working capital from open POs, AP schedules, and AR aging, so a cash crunch is visible weeks out instead of the week it hits.
Costing model
Standard or actual - your call, both live.
Run standard costing for planning and pricing, and job costing for what the work truly consumed. Labor clocked on the floor, material issued from inventory, and applied overhead all land against the work order, so variance is an answer you already have, not a question you ask at month-end.
Real-time work-order cost rollup of labor, material, and overhead
Standard-vs-actual variance by job, cost center, and account
Cost centers with allocation, budget tracking, and drill-down
CapEx project tracking with ROI, plus fixed-asset depreciation and disposal
Connected across the platform
One source of truth.
Purchasing
Purchase orders flow into AP as accruals and 3-way matches against receipts and invoices, so committed spend hits the ledger the moment goods are ordered, not when the bill arrives.
Production
Work-order labor, material, and overhead roll up directly into job costing, so the cost of every job is live on the floor instead of reconstructed weeks later.
Inventory
On-hand quantities and movements drive inventory valuation and cost of goods, keeping the balance sheet aligned with what is physically on the racks.
Standards & compliance
Built in, not bolted on.
FAQ
Questions, answered.
Is this real job costing or just a cost field on an order?
It is real job costing. Actual labor clocked on the floor, material issued from inventory, and applied overhead all roll up against the work order as the job runs. You see standard-vs-actual variance by job, cost center, and account in real time - not a reconstruction at month-end.
How does Finance stay in sync with the rest of the floor?
It shares one data model with Purchasing, Production, and Inventory. Purchase orders post as accruals and 3-way match against receipts and invoices, work-order costs roll into job costing, and inventory movements drive valuation and cost of goods. The ledger reflects what is actually happening across roughly 33 cross-module integrations.
Does Cortrova support standard costing and actual costing?
Yes. Standard costing supports planning, quoting, and pricing, while job (actual) costing captures what each job truly consumed. Both run together, so the variance between them is continuously visible rather than calculated once a period.
Can it support government and defense cost accounting?
Finance is built around a GAAP-aligned chart of accounts with full audit trails on journal entries and approvals, and supports DCAA-style cost accounting and FAR/DFARS-driven cost segregation by job and cost center. Electronic records and signatures align with FDA 21 CFR Part 11 for regulated environments. Confirm specific certification and registration status with our team for your contract requirements.
What does the period close look like?
Close runs through reconciliation, review, and period lock with approval workflows on journal entries. Because costs post in real time from production, purchasing, and inventory, the close is mostly review rather than reconstruction, and the Budget Variance agent has already flagged the lines worth a second look.
Get started
See Finance / Job Costing on your shop floor.
We'll tailor a demo to your operation and constraints.