Cost code settings

Recommended format example:

• Code: 03 11 00
• Description: Concrete Forming

In the construction industry, code terminology can vary by department.

Estimating team

Estimates are easier to organize and understand when broken into smaller sections. These sections are called cost codes and are sometimes referred to as the work breakdown structure (WBS). In Sage Construction Management, cost codes can include optional internal grouping codes similar to the job cost code table for projects. This flexibility supports different grouping and summarization needs.

Project management team

Sage Construction Management uses job cost codes to track financial details such as purchase order items, change order items, timecards, and progress invoices. These codes are project specific and are created in the Contract Administration section of a project. Job cost codes can also include optional internal grouping codes that help summarize financial data in project analytics.

Accounting team

In most construction firms, service items are configured in the accounting system to mirror job cost codes. Each service item is linked to general ledger expense and income accounts so it can be referenced on accounts payable and accounts receivable transactions.

Job cost codes in Sage Construction Management categorise the type of work and are project specific. When integrated with an accounting system such as Intuit QuickBooks, these codes are either mapped one to one with service items or grouped so that multiple cost codes map to a single service item.

• Import a classification system from an Excel file
• Add a master cost code structure manually
• Edit a master cost code structure
• Delete a master cost code structure
• Export a master cost codes list

• If you do not use the estimating feature in Sage Construction Management, you can set up job cost codes, prime contracts, and budgets using an Excel file