Using Cost Codes

Using Cost Codes

Using Cost Codes Cost codes are derived from the standard CSI codes (Construction standards Institute.) Due to the popularity of QuickBooks many people use the term Item Codes from QB. Basically, they are the same as CSI Codes but the numbering format is vastly different. Contractor Foreman comes with a preset list of Cost Codes from based on CSI format. If you wish you can add your own codes to Contractor Foreman or revise the set of codes already loaded. In Contractor Foreman Certain features have cost code fields. These are screens such as Estimate, Invoice, Timecards and Change Orders. When you fill out a line item that has dollars attached to it you can assign a cost code, this way you can then run reports to show how much of the budget was spent on each portion of the job. If you are using QuickBooks these are equivalent to Item Codes in QB.

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    • How can I restrict the cost codes that are displayed when using the Timecard feature?

      Within the Cost Codes module, you can edit the detail of each Cost Code and select whether or not it should be a Time Card only Cost Code. The advantage of this is that it helps reduce the number of Cost Codes that your employees will see which ...

    • How do I show Labor Costs in the Project Financial tab if Cost Codes are not being used in Timecards?

      Time will still be tracked in the Project Financials as it is just considered Labor. If you are not using Cost codes you will not get the detailed job costing which is found in the reports.

    • Import Cost Codes

      Contractor Foreman comes with a basic list of cost codes to get you up and going but if you want to use your own, we make the process simple. Before importing a list of codes, consider these points. Do you want to keep the existing cost codes that ...

    • Adding or Revising Cost Codes

      Adding or Revising Cost Codes In Contractor Foreman you can add your own cost codes or edit the existing list. We have loaded a sample/temporary list to assist you in getting started. To add or edit codes follow the steps below. Cost codes are two ...

    • How can I import cost codes I have in Excel?

      The system already comes with a set of Cost/Work Codes which can be used. But if you would prefer to just remove them all & upload your own Cost/Work Codes, that can be done as well. You can upload Cost/Work Codes by going to: Menu > Company Settings ...