Specifying resource codes for general ledgers

You can specify default values for different types of labor resources, tool resources, and inventory items. These codes are then used to determine accounting charges.

Procedure

  1. In the Chart of Accounts application, select the organization for which you want to define resource codes.
  2. Select the Resource Codes action.
  3. In the Resource Codes window, complete the information specific to the type of resource code that you are defining:
    Option Description
    Labor resource codes In the Internal field and External field, specify the labor resource code components.
    Tool resource codes In the Internal field and External field, specify the tool resource code components.
    Inventory resource codes
    1. Click New Row.
    2. Specify values for the commodity group.
    3. Optional: Specify a value for the inventory resource code component.
  4. Click OK.