Define Cost/Revenue Elements
Explanation
This activity is used to define project cost/revenue elements for a company.
Prerequisites
There are no prerequisites.
System Effects
As a result of this activity, the project cost/revenue elements defined in
this window will be available in all Lists of Values where project cost/revenue
elements are applicable.
Window
Cost/Revenue
Elements
Related Window Descriptions
Cost/Revenue Elements
Procedure
- Open the Cost/Revenue Elements window and create a
new record.
- In the Cost/Revenue Element field,
enter a unique value for a project cost/revenue
element that you want to define for the company.
- Enter a description for the cost/revenue element in the Cost/Revenue Element Description field.
- In the Element Type field select a value from the list to specify
whether the element is to be used for cost or revenue follow-up.
- Select the Default check box if you want the cost element
to be the default cost element of the current company. (Note:
this check box can be selected only for elements of the Cost element
type.)
- Click Save.
- If you want the cost/revenue element to be default for all
transaction postings with no value for the code part used as the base for
cost/revenue element, select the Default No Base Value check
box. In order to select the check box, select the record, right-click and
then click Toggle Default No Base Value. An information message will
appear. Click OK.
Note: Once a cost/revenue element is obsolete, you can block it from
being connected to any code part value by selecting the Obsolete check box.
This check box can be selected only if there are no accounts connected to
the cost/revenue element.