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Cost

Definition

The amount paid in the course of a procedure

How to record

Use local currency. Convert any non-local currency into local, using the exchange rate at date of acquisition. Use Cost note to record details of non-local currency paid.

Examples

750.00

Use

Use in association with Information group headings to record the cost of a procedure, eg [Conservation] Cost. Record once only for a procedure carried out as required.

Information group

Common procedural units