The Job Labor report provides insights and overviews on the actual vs estimated labor amounts on a per job basis. Values in the report are calculated as follows:
• Estimated - the summation of labor items on a job. (NOTE: if a job does not include any items of type 'labor', the job will not be included in the report since it will not have an estimated quantity.)
• Actual - the summation of labor lines reported on job completion (see the Labor Resources section for more information).
• Remaining - the difference between the estimated and actual labor for the job. If estimated labor is less than actual labor, this number will be positive and show how many hours one could stay on the job and remain profitable. If the estimated labor is greater than the actual labor, the number will be negative and show the number of hours labor has exceeded the estimate.
• Efficiency - a ratio calculated as estimated labor-to-actual labor. If the ratio is greater than or equal to 100%, the job is deemed to have been accurately estimated and efficiently handled.