Overview:
The Costcode Breakdowns window allows to you create/modify your organization's work breakdown structure. For example, you can breakdown a standard 4 digit costcode into two or more sub categories called segments. By providing breakdowns in the costcode structure, reports can be generated to view summarized cost by the breakdown segments. Below is a brief example using a four digit costcode. Using the costcode breakdown of phase and detail, you can now run reports to view total cost by individual phase, total cost by detail, or total cost across all phases.
- First 1 digit represents the Phase
- Last 3 digits represent the Detail
1000 - Site Preparation
1010 - Building Permits
1020 - Temp Utilities/Equipment
1030 - Insurance
1040 - Lot Clearing
2000 - Excavation and Foundation
2010 - Footings and Foundation
2020 - Rebar and Reinforcing Steel
2030 - Concrete Block
Benefits:
- Provides additional data elements for reporting purposes
- Provides the ability to group and subtotal your work breakdown structure
Roles:
- Operations Lead
Location:
- Project Management > Setup > Costcodes > Costcode Breakdowns
Video: