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Procore (en-GB)

What are Procore's default cost types?


A Cost Type is a set of costs identified by a unique abbreviation or label. Examples include L=Labour, E=Equipment, M=Materials, C=Commitment, OC=Owner Cost, SVC=Professional Services and O=Other.

In Procore, cost types are a way to identify and classify your project's job costs. They can also be used to generate reports. See View Job Cost Summary Report. In addition, you can:

In the construction industry, grouping individual cost codes into one or more cost types is a common practice for subcontractors and other construction businesses whose expenses are primarily internal (e.g., L=Labour or DE=Direct Expenses). For main contractors, who might need to track a large number of subcontractors, it may be less common to group codes into cost types. 

If your company has enabled the ERP Integrations tool, not all integrated ERP systems support the 'cost type' concept and some systems use an alternate term to refer to 'cost type.' For details, see What are 'cost types' and how does our ERP integration support them?

Default Cost Type List

The following table details the default cost types in Procore. 

Abbreviation Label
L Labour
E Equipment
 M Materials
S Commitment
OC Owner Cost
SVC Professional Services
O Other

See Also