What is Code of Accounts?

Consider the Code of Accounts to be a fancy project file system, but instead of merely sorting documents, it organizes different components of the project with unique codes. Each component of the project, such as jobs, resources, or costs, is assigned its own unique code. It’s similar to assigning a barcode to each item in a store; it helps keep everything organized and makes it easy for everyone working in the project to identify and monitor individual items without causing misunderstanding. As a result, when someone mentions a code from the Code of Accounts, everyone understands exactly what they’re talking about, much like a hidden language that maintains everything in order.