Cost Codes are used to categorise payments and deductions on the Costing report. A total will be printed on the Costing report for all payments and deductions with the same Cost Code.
The cost code itself can be any 10 alphanumeric characters. You will find that lower case characters you type will be translated automatically to upper case.
The description can be entered if you do not use descriptive cost codes. The description will be displayed on the Calculation payment and deduction screens when you select the Cost Code.