How job codes act as unique identifiers assigned to specific construction jobs or projects including tracking employee time and attendance, budgeting, and forecasting.
In any industry, tracking costs contributes a critical factor to bottom-line accounting. Capturing costs in the construction vertical becomes essential due to the countless phases and changes a project can undergo; they directly affect a project's profitability.
Construction companies use many ways to track the cost and progress of projects, including job codes, cost codes, and work breakdown structures (WBS).