Skip to main content

Cost Codes Setup

This article will explain what cost codes are and how to create a Cost Codes Setup.

  • Cost Codes Setup captures organisational Cost Codes used to track and manage project costs.

  • This includes Cost Breakdown Structure (CBS) codes, Bill of Quantities (BOQ) codes, and resource-related cost codes such as manpower, materials, plant, machinery, vehicles, overheads, subcontracting, locations, funding, and warehouse codes.

  • Cost Codes are organised in a hierarchical structure and act as the master setup for project cost management.

NOTE: The Cost Codes Setup acts as the master code setup. It is created once and used as a standardised list across projects for the Project Information Form and other project costing processes. The setup can also be customised for individual projects.

How Do I Create a Cost Codes Setup?

  1. Select the required Project.

  2. Navigate to Project Forms.

  3. Click Project Costs & Controls.

  4. From the dropdown, select Cost Codes Setup.

  5. Click the + New icon on the left to create a Cost Codes Setup form.

    TIP: + Create Form (top-right) can also be selected to create a Cost Codes Setup form.

  6. In the new window, select the required Division type and Dependencies.

    NOTE: Division Type and Dependencies are populated from the Configurable Attributes set up for the Project. If these Attributes are not configured, these fields do not need to be completed.

  7. Click Send (bottom-right).

  8. The new form will appear in the forms listing.

  9. Click the newly created form to open the Master Codes window.

  10. In the left panel, select the required Cost Code category.

    • Codes can then be added to the selected category.

How do I add Cost Codes?

Cost Codes can be added in two ways:

Method

Description

Manual

Use this option to add individual Cost Codes.

Import Sheet

Use this option to import multiple Cost Codes at once. This is recommended for large datasets.

Available Cost Code Categories

The following Cost Code categories are available in the Master Codes window:

  • CBS Library (Cost Breakdown Structure)

  • BOQ Code Setup

  • Manpower Code Setup

  • PMV Code Setup (Plant, Machinery and Vehicle)

  • Material Code Setup

  • Overheads

  • Subcontract

Additional Details

The following master reference details are stored in the Cost Codes Setup for use in the Project Information Form and related Project costing processes.

  • Funding

  • Locations

  • Warehouse

  • Price List

  • Terms

Did this answer your question?