Chart of Accounts

The format the Cost Center Code is flexible and may include multiple elements. Most commonly the Cost Center Code consists of:

• Fund No or Org Code (also, Budget Unit / Division, etc.)
• Major Category: identifies major grouping of cost codes such as Administration, Road Construction, Road Maintenance, Reimbursables, Labor Clearing, etc.
• Sub-Account: identifies a more detailed breakdown of each Major Category into e.g. Labor, Equipment Usage, Applied Road Overhead, Materials / Purchases, etc.

Cost Center Types

The following transactions types are recognized as valid Cost Center Types:

• Labor – Labor charges using Applied Labor Rates
• Equipment – Equipment Usage charges using Equipment Usage Rates
• Materials
  • Inventoried Material charges using Average Unit Cost
  • Vendor Materials using actual Vendor Cost
• Overhead – Overhead charges using Overhead Percentage(s)
• Other – Vendor charges for various purchases, utilities, etc.
• Contracts
  • Government Contracts – Contract charges from other Government Agencies
  • Non-Government Contracts – Contract charges from all private Companies

Cost Center Charges

WinCAMS processes the following charges (expenditures) in the Cost Center Ledger:

• Applied Charges
  • Labor
  • Equipment
  • Overhead
  • Inventoried Materials
• Direct Charges
  • Vendor Materials
  • Contracts
  • Other

Variance Distribution

At any time during a Fiscal Year this module is used to track, monitor, analyze and distribute Variance amounts (Variance = difference between Applied Charges and Actual Charges).