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Central Tax Groups and Reporting Across Procore Financials

Beta29 jul 2026

What it is: A centralized Tax Platform for tracking, calculating, and storing tax across Procore Financials. Company admins manage tax codes centrally, preload future rates with an active date, choose whether tax calculates gross before retainage or net after, and group multiple tax codes on a single line item. Who it's for: Finance admins, controllers, and project accountants — especially teams in jurisdictions with layered or changing tax rules. Why it matters: Tax has lived in too many places, with rigid rules that didn't cover every scenario. Central management makes rate changes safer, lets you preload future rates so nothing gets missed on the go-live date, and handles the gross-vs-net calculations required in states like Washington. Rate history is preserved so audits are cleaner. How to get started: Join the beta through Procore Explore. Beta beginning September 1, 2026.

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