Did I mention I love PickLists?
It is very often, however, that you'd like to track alphanumeric "Codes", instead of bona fide "Words".
For instance, there is a Lead Type field let us suppose.
The value we'd like to have in the PickList are
PRO for Prospect,
EC for End Customer,
D for Dead Lead
your picklist, you can help remind folks of what codes mean what by
adding comments to the end of each PickList choice with a "//".
EC //End Customer
you do this, only the value before the "//" is inserted. Again, the
"//" is only for commenting what each PickList code really "means".