This announcement represents a single point in time. Future releases may impact the information below.
Feature Released: August 08, 2023
You can now assign a WBS budget code to an estimate in Procore. This new feature within Procore Estimating strengthens its connection with Procore’s Project Financials tools. After assigning a WBS budget code to your estimate line items, you will have a clearer view of your estimate data with increased ability to check progress against the schedule and budget.
In this announcement:
Select pre-defined WBS budget codes imported from the budget associated with your Procore Project Financials tools:
Preview and send estimate data with options for how to allocate cost and assign profit, overhead and taxes:
Previously, users could group the estimate cost based on the cost code and cost type associated with the cost catalog. With this updated feature, estimate line items can now be assigned to relevant budget codes created from custom WBS segments imported from Procore's Project Financials tools.
Company level tools such as Procore's Bid Board and Cost Catalog work together with Procore's company level WBS codes.
The budget code in Procore's Bid Board tool only takes into consideration the cost code and cost type available at the company level because the Bid Board is a company level tool. In order to use custom WBS segments, Bid Board projects should be upgraded to Procore Portfolio projects.
Yes, you will receive warning messages if there are errors associated with relevant line items. However, you will still be able to send the estimate to the budget even if there are errors.