One day, Jesse, your house flipping and other building videos are going to explode and take off. Don’t give up, man. It takes time to make it on TH-cam. I’ve seen this time and again. The people who can wait it out are the ones who end up making a ton of money on TH-cam. Your personality is awesome. Your belief in the Lord is encouraging. Your flips and builds are extremely good. Keep On Keeping On!
TLDR: Cost codes are essential for tracking expenses in commercial construction projects, and setting them up correctly is crucial for better budget management and seamless flow of information in QuickBooks. 00:00 🏗 Cost codes are essential for tracking expenses in a construction company, and the speaker shares their own cost codes and offers a downloadable Excel file for viewers to use. 01:23 🏗 The speaker discusses commercial construction cost codes and emphasizes the importance of understanding them for those entering the industry, revealing their codes and encouraging viewers to buy their template for more details. 02:55 🏗 Different cost codes for architectural, structural, MEP, civil engineering, general conditions, site work, concrete, masonry, metals, wood, plastics, thermal and moisture, doors and windows, and finishes are discussed. 03:40 💡 Acoustical ceiling materials and subcontractors are cost codes 09100 and 09150, with labor not included in the speaker's template but available in the provided template. 04:33 🏗 Use broad categories like flooring materials and subcontractors instead of breaking down into specific types, and consider the gray areas like tile work and wall coverings when organizing commercial construction cost codes. 05:44 💰 Setting up cost codes correctly is important for commercial construction projects to track estimated costs and compare them to actuals, allowing for better budget management. 06:43 🏗 Properly setting up cost codes is crucial for commercial construction, and using them in QuickBooks can make everything flow seamlessly. 07:59 🏗 My commercial construction cost codes are revealed in this video.
@@Jesse_Lane but how could you apply to all circumstances, every project wbs is different from other project, so is the codes for estimation then how can it apply to every project.
Very good info. You should show how these integrate with a Bid form template It would help make compring projects easier. Do you have a similar sheet set for the welding and fabrication sector? I think many pipeliners and specialist fabricators would be interested in this sheet. Im concerned about steel weight and inch -dia metrics
It’s a list of the cost codes I actually use, so it doesn’t necessarily just list out all 50 of them: shop.jesselane.com/products/commercial-cost-codes
Get My Cost Codes Here: jesselane.com/templates
@Jesse_Lane it looks like the link no longer works.
Fixed! Thank you.
One day, Jesse, your house flipping and other building videos are going to explode and take off. Don’t give up, man. It takes time to make it on TH-cam. I’ve seen this time and again. The people who can wait it out are the ones who end up making a ton of money on TH-cam. Your personality is awesome. Your belief in the Lord is encouraging. Your flips and builds are extremely good. Keep On Keeping On!
I really appreciate this comment! It’s definitely something I struggle with. I love it though, so I’m going to keep doing it!
TLDR: Cost codes are essential for tracking expenses in commercial construction projects, and setting them up correctly is crucial for better budget management and seamless flow of information in QuickBooks.
00:00 🏗 Cost codes are essential for tracking expenses in a construction company, and the speaker shares their own cost codes and offers a downloadable Excel file for viewers to use.
01:23 🏗 The speaker discusses commercial construction cost codes and emphasizes the importance of understanding them for those entering the industry, revealing their codes and encouraging viewers to buy their template for more details.
02:55 🏗 Different cost codes for architectural, structural, MEP, civil engineering, general conditions, site work, concrete, masonry, metals, wood, plastics, thermal and moisture, doors and windows, and finishes are discussed.
03:40 💡 Acoustical ceiling materials and subcontractors are cost codes 09100 and 09150, with labor not included in the speaker's template but available in the provided template.
04:33 🏗 Use broad categories like flooring materials and subcontractors instead of breaking down into specific types, and consider the gray areas like tile work and wall coverings when organizing commercial construction cost codes.
05:44 💰 Setting up cost codes correctly is important for commercial construction projects to track estimated costs and compare them to actuals, allowing for better budget management.
06:43 🏗 Properly setting up cost codes is crucial for commercial construction, and using them in QuickBooks can make everything flow seamlessly.
07:59 🏗 My commercial construction cost codes are revealed in this video.
great video Jesse, keep it up!
I’m 90% custom residential, but I’ll add this to my list tonight for viewing. Keep up the great work J.Lane team.
💪🏼😊
You deserve a BIG like and congrats 👏 for the new studio, GREAT contents 👊
Thanks!!!! I hung some lights this week so the next studio video should be even cooler!! 🔥
What is the relationship of these cost codes to the cost estimates.
We use them to estimate and then everything flows from there with job costing against each code.
@@Jesse_Lane but how could you apply to all circumstances, every project wbs is different from other project, so is the codes for estimation then how can it apply to every project.
Very good info. You should show how these integrate with a Bid form template
It would help make compring projects easier.
Do you have a similar sheet set for the welding and fabrication sector? I think many pipeliners and specialist fabricators would be interested in this sheet.
Im concerned about steel weight and inch -dia metrics
do you have all 50 divisions in your spreadsheet?
It’s a list of the cost codes I actually use, so it doesn’t necessarily just list out all 50 of them: shop.jesselane.com/products/commercial-cost-codes
🔥🔥🔥great content
Let’s Go…‼️
Let’s go division 7 lol 😂