Define Cost Code Rules

Explanation

This activity is used to define how the company use cost code rules for financial transactions. It is possible to define cost codes that are to be used for Work in Progress (WIP) handling.

When the cost codes rules has been defined, a cost code will be updated on the work task transaction when cost or hours are reported. The control type C106 - Work Task Cost has to be defined in Accounting Rules Posting Control to generare the expected postings on the work task transaction.

This is to be performed by a system administrator or equivalent person as per the requirement and it is possible to define several rules over time.

Prerequisites

In order to perform this activity:

System Effects

As a result of this activity:

Window

Work Task Cost Code Rules

Related Window Descriptions

Work Task Cost Code Rules

Procedure

To perform this activity, follow these steps:

  1. Open the Work Task Cost Code Rules window.
  2. Create a new line (F5).
  3. In the Cost Code field, use List of Values to select the required Cost Code.
  4. Enter the required selection criteria, by selecting the options; Yes, No or No value.
  5. Enter the Valid From date
  6. .
  7. Optionally, Enter the Valid Until date
  8. .
  9. Enter the Evaluation Order
  10. .
  11. Optionally, enter a WIP cost code, by using a List of Value and select a WIP cost code in the WIP Code field, a WIP Reversal Condition, WIP Reversal Date
  12. , if required.
  13. Save the information.
  14. If required, continue to enter and configure the cost codes.