Code of accounts,
Definition of Code of accounts:
A project management tool which assigns a code made from numbers, letters, or a combination of the two to every item on the work breakdown structure (WBS) of a project. For example: 1. Manufacturing project 1.1 Machine and tooling 1.2 Material procurement 1.2.1 Request for Bids 1.2.2 Material purchase.
Meaning of Code of accounts & Code of accounts Definition