Published:
September 23, 2024
A new all-in-one Job Costing Tool (JCT) to become available soon. The new JCT will integrate the functionality of the current Summer Faculty JCT, removing the need to keep up with multiple JCT versions. The new JCT will also include improvements to help address the complexity of costing needs for 9-month faculty while preserving current functionality for 12-month populations.
All-in-one JCT Highlights:
- For the 9-month faculty population:
- Combines the regular and summer JCTs to simplify knowing which version of which JCT to use.
- Provides more flexibility in allowing for multiple compensation rates, Scheduled Weekly Hours (SWH), and date ranges.
- More visibility of calculations across fiscal years.
- Improved instructions will be more visible and easier to use.
- Functionality and calculations remain the same for 12-month staff/student/faculty populations.
- While the new JCT will cover FY 24-25 forward, previous versions will remain available for the foreseeable future.
A more comprehensive list of changes and enhancements will be available with the release of the all-in-one JCT.
You can find more information about costing on the Job Costing documentation page.
If you need assistance, contact askUS Support.