Cost codes

You use cost code structures to track and streamline the financial activities that occur within an organization. Because financial activities are often complex, cost codes are categorized into hierarchical sublevels.

In the Contracts > Set Up > Cost Codes page, you can designate single or multiple coding structures to define budgets and commitments. For example, a project can have budgets for developing the foundation of a building, for erecting the building, and for creating the interiors. The cost codes can help to track budgets and commitments for each of these activities.