Skip to content
  • There are no suggestions because the search field is empty.

What are Analytic Cost Codes?

This article explains how to define and connect Analytic Cost Codes (ACCs) to streamline cost tracking across projects, with step-by-step instructions for setting up ACCs and linking them to project cost codes.

Overview

INGENIOUS.BUILD empowers project teams with Analytic Cost Codes (ACCs), offering a smart and centralized solution to unify cost tracking across projects. By connecting varied cost codes to a master list, Ingenious enhances reporting accuracy, streamlines budget management, and supports data-driven decision-making across your portfolio.

Process

  1. Navigate to Lists & Templates from the lefthand navigation bar

  2. Click the Analytic Cost Codes tab at the very top of the page

  3. Click Add Analytic Cost Code

  4. Enter the analytic cost code #, name and description (optional)

  5. Click Save or Save and Add Next to continue making entries

Connect Analytical Cost Codes to Project Cost Codes

Once entered, connect different project cost code list cost codes to analytical cost codes. Since each project cost code list is composed of similar or different cost codes, your company will benefit from identifying various cost codes that are the same across different project types.

  1. Select the project cost code list from the Lists & Templates > Project Cost Codes page

  2. Select a project cost code list to edit by clicking the Edit button in the top right corner

  3. Click the edit icon directly next to the cost code you want to add the analytic cost code to
  4. Select a Connected Analytic Cost Code from the dropdown menu

  5. Click Save

Can you Require Analytic Cost Codes be Assigned to Each Budget Cost Code Across a Workspace?

Yes. In order to make Analytic cost codes required, you can follow the steps below:

  1. Go to your Company Settings->Governance Settings

    1. Access your Company Settings by clicking on your profile icon in the bottom left corner of your screen, and then Company Settings

  2. On the Budget Governance Settings tab, enable the Require Analytic Cost Codes setting
 

This feature enables your company to generate comprehensive reports across projects that share a portfolio type. For instance, you could create a report summarizing the costs associated with three specific cost codes. The report would provide detailed insights, including costs per Gross Square Foot (GSF), Rentable Square Foot (RSF), Usable Square Foot (USF), or overall Square Footage (SF) for projects utilizing those cost codes. This capability enhances cost tracking and supports better decision-making throughout your portfolio.

See Also