During project execution, the project manager or team member who has the necessary permission associates the charge code with a project.
Also, you can create various additional expenses as charge codes and flag these charge codes as account heads. The project manager or team member who has the necessary permission can add the flagged charge codes as account heads from the Financials viewlet. This helps to track actual cost against estimated cost during project monitoring and control. For example, create travel and meeting expenses as a charge code, and then track actual cost against estimated cost from the Financials viewlet.
To create a charge code: