You can mirror your company cost code structure within Cintra iQ. Once this is done, you can set up rules and provide input data so that your costs and liabilities can be analysed accurately, according to your company management accounting requirements. From time to time, you may need to allocate cost codes to an individual employee pay element in a pay period. e.g. Allocating overtime hours in a pay period. The Cost Code Structure is determined at the implementation stage according to your company's needs. e.g. Account, Dept etc.
Important:
The Cost Code Structure is available for you in the Lookup Tables but cannot be edited.
The Cost Codes Lookup table is where you can set up a list of all possible account and analysis cost codes that are valid values. You can create, edit and delete the cost codes when necessary. You can also save the list to suit your needs.
How do I create new cost codes?
- Go to: Definitions > Lookups. The Lookup Administration window appears.
- Select the Cost Codes from the Lookup Table drop down list.
- Click the Insert button. The Cost Codes form appears.
- Enter the Cost Code Value & Description.
- Select the Cost Code Type.
- Select the Category.
- Click the OK button. The Cost Code lookup is created and appears in the Cost Code table.
- Click the Cancel button to save and exit.