Cost Code

Accounting Code
In modern accounting systems, an accounting code serves as a numerical reference given to each account, facilitating the streamlined recording of voluminous accounting transactions by computer.
Cost Code
Cost codes are standardized numerical systems used in accounting and project management to categorize and track specific types of expenditures.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.