CODING OF COSTS AND INCOME

Chapter 6

1. Classification and Coding of Costs

Cost Codes

Generic or Function Code

Specific Purposes of Cost Codes

2. Coding of Costs in Practice

Timing of Coding

Receiving an Invoice
Choosing the Correct Code Indirect Costs Cheque and Cash Payments Payments of Wages and Salaries

3. Coding Income
Sales Invoice

Cash Sales

4. Problems with Coding

Which Code?

Apportionment
Other Coding Problems