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Procore

Can we set the cost basis for new CCOs 'Latest Cost' or 'Latest Price' in the Change Events tool?

  1. Last updated
    May 28, 2025
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Answer

Yes. To provide Procore users with a more precise method for tracking financial changes in the Change Events tool, project teams can configure the tool to create new commitment change orders using the Latest Cost or Latest Price value. To configure this setting in the Change Events tool, your team must also enable the Change Orders tool. See Enable the Change Orders Tool

For each project, authorised users can configure one (1) of these options to maintain accurate cost records, gain visibility into your profit margins on change orders, effectively manage the project's budget, and ensure reliable financial reporting. This helps to ensure that your financial records are accurate. For instructions, see Configure Settings: Change Events.