Costing

The section of Preceda is used to define the various Level Codes and their descriptions along with Account Number used in the General Ledger and Department Codes.

Level Codes

Level Codes are used to identify various reporting and costing levels within your organisation. Level 1 defines the company and Level 2 defines the states, Level 3, 4 and 5 can be used to define other areas within the organisation. These could be Departments or Regions.

Level Codes should not be confused with levels setup in the Organisations structure. The levels defined for the organisation structure are used to define reporting hierarchy of the personnel within your organisation.