LD007 - Cost Codes

Time Interval: 00:00:00 - 00:05:40


Summary

  • :link: Pre-Populated Cost Centers:
    • The sheet includes pre-defined cost centers based on industry standards, which can be customized as per regional or organizational needs.
  • :hammer_and_wrench: Customizing Cost Centers:
    • Unique codes are mandatory for each cost center to ensure clarity and prevent duplication.
    • Users can modify names and assign whether GST/VAT applies, which adjusts calculations accordingly.
  • :bar_chart: Dynamic Updates:
    • Linked cells automatically populate changes across sheets, including development cost tabs, to maintain consistency.
    • Custom settings, such as currency symbols and tax rates, can be saved for reuse in future projects.
  • :rocket: Link Master Feature:
    • Allows users to create a “master” sheet with all customized cost centers and settings.
    • Future projects automatically inherit the master sheet’s data, streamlining new project setups.

Key Takeaways

  • :jigsaw: Customizable cost centers cater to diverse project needs and localization.
  • :arrows_counterclockwise: Automatic linkage ensures real-time updates and data integrity.
  • :chart_with_upwards_trend: Streamlined workflows with the “Link Master” save time and reduce redundancy.