Top Job Costing Practices That Mining Businesses Should Follow

Job costing accounting practice is of great significance for miners across the globe. It helps to reduce cost, manage depreciation and labor payroll efficiently. This is why miners have to be proficient in their job costing. However, it’s easier said than done. Mining owners often encounter unique challenges in meeting their accounting objectives such as no skilled staff, no use of technology and much more.

In this eBook we’ll be covering the following aspects to help you stay consistent in your accounts:

• What is a job costing and why is it important?
• Smart tips to manage job costing efficiently
• Setting up the job cost system in your mining business
• Top job costing practices for mining owners