Budget Code Setup

The first step when setting up Procore's Project Financials tools in Procore is to verify that your company and project is set up with a budget code structure that works for your specific business. In Procore's Work Breakdown Structure, budget codes are the basic building block for the financial line items on your budget. Through the use of budget codes, you can create a budget that is granular or as basic as you need.

If you are a specialty contractor, Procore recommends the following:

  1. Create Your Company's Work Breakdown Structure. Work with your company's stakeholders to decide if you want to use Procore's default Work Breakdown Structure or if you want to customize your Work Breakdown Structure for your company's account. To learn more, see Create Your Company's Work Breakdown Structure.

  2. Create Your Project's Work Breakdown Structure. Decide if you want to use your company's Work Breakdown Structure on your projects or if you want to customize the Project level Work Breakdown Structure. You can include the optional 'Sub Job' segment at the project level. To learn more, see Create Your Project's Work Breakdown Structure.

Overview
Budget Setup