Use this program to create and maintain cost codes for different tasks and material required for each job.
Cost codes tell the system how to handle the billing for each job and determine default costing methods and billing values for each job. They are set up for each cost type and also determine whether the operator is able to override the defaults.
An example of a cost code might be LAB1 - Labor. This cost code would be set up as requiring units (hours); the unit of measure could then be HR. The mark up method could be percentage and the default mark up could be 5%. You can then use this cost c\ode to post labor costs to jobs.
If you are going to post overhead or burden, a corresponding cost code has to be set up and entered in the Job Cost Static Control F/M. These cost codes require a cost type that does not add a percentage of overhead or burden. If the user elects to post all overhead/burden into a corresponding overhead or burden GL #, the flag for WIP credit (work in process) in the JC to GL posting record must be set to J-use the posting table assigned to the job number. Since GL posting tables post by cost type, the cost type entered stores all the overhead and/or burden from all jobs (see Cost Type F/M).
Cost codes are used mainly in the posting programs, but also are used as sort options in some reports and inquiries.
For more information how to use maintenances, refer to the following topics:
How to use file maintenance programs
Click Field Descriptions for information on each field.