What is Nominal Code 1.20.70.20?

Nominal code 1.20.70.20 relates to the technician’s labour cost of sale. This code tracks the cost incurred for each hour of labour sold.

• Cost per hour setup: Each technician has a specific cost per hour assigned in the system.
• Cost accrual: As hours are invoiced, the system automatically accrues the labour cost. For example, if a technician's labour cost is £8 per hour and 1 hour is invoiced, the system will accrue £8 as the cost of sale.
• Reference tracking: Instead of producing a batch number, the system links the transaction to the relevant job number and technician number.

This process ensures accurate tracking of technician labour costs and aligns them with hours invoiced.