Resource Tracking And Project Financials Setup Guide

Assign the Default Cost Type for timecard entries in the Company Timesheets tool.

1. Navigate to the company's Timesheets tool.

2. Click the Configure Settings icon.

3. Default Cost Type for Timecards. Select the cost type to assign to your project's timecard entries. If your company is using Procore's Project Financials, this action ensures that the labor costs from your project's timecards are reflected in the 'Procore Labor Productivity Cost' and 'Real-Time Labor Costing' budget views.
   Note: By default, this option is set to 'Labor'.

   • Click Update to apply the default cost type to any future timecard entries.

   • Click Apply to Existing Entries to apply the default cost type to all existing timecard entries.

      Important

     • Applying a new default cost type to existing timecards by clicking Apply to existing timecards is a one-time action and cannot be undone without contacting your Procore point of contact.

     • If your company is using Resource Tracking with Project Financials, you must assign a Default Cost Type to timecard entries before your project teams can work with the following budget views:

       • Create a Real-Time Labor Costing view for the budget. See Add a Budget View for Real-Time Labor Costing.

       • Set Up the 'Procore Labor Productivity Cost' budget view. See Set Up the Procore Labor Productivity Cost Budget View.

To configure additional settings, see Configure Advanced Settings: Company Level Timesheets.