To assign the cost codes from an integrated ERP system to a cost category assignment in Procore.
In the construction industry, cost codes are used to account for the various cost types on a project and to identify the specific work being done on a construction project. Many construction accounting teams base their cost code structure on the CSI Master Format. Other teams might design a unique cost code structure to suit their company's specific business requirements.
If your company has enabled the ERP Integrations tool to work with an integrated ERP system where the 'Category' concept is supported, your accounting team might classify their cost codes into different classes (i.e., 'Classes' are equivalent to 'Categories' in Procore). Some common examples of 'Categories' that might be used to group cost codes include: E=Equipment, L=Labor, M=Materials, O=Overtime, and so on.
Grouping individual cost codes into one or more categories is a common practice for subcontractors and other construction businesses whose expenses are primarily internal (e.g., DE=Direct Expenses and L=Labor). For general contractors, who might need to track a large number of subcontractors, it might be less common to group codes into categories.
You are not permitted to remove cost code category assignments in Procore.