Keycode in PPRO?

Does anyone know if film keycode is supported in PPRO 2.0?
As i have a feature film to edit,I called the lab and they told me usually the give the keycode burnt onto the picture and a floppy disk containing FLEX file.
He also told me the editing software will take that flex file and convert the video time-code into keycodes for negative cutting.
The long way would be to write down every shot after the edit is finished...but one mistake and...catastrophy....
So anyone did a feature edit on Premiere?