Assign Cost Buckets to Cost Template

Explanation

Use this activity to assign the cost buckets of your choice to a new cost template.

• If you want to use this cost bucket for capturing manufacturing level cost, enable the Manufacturing Cost option. This is valid for the cost rollup process as well as for the shop order costing flow.
• If you want to use this cost bucket for capturing external acquired cost, enable the External Acquired Cost option. This is valid for the cost rollup process as well as for the purchase order arrival process (capturing delivery overhead cost).
• If you want to, you can change the default cost types values in the Sunk/Relevant Cost, Direct/Indirect Cost, or Fixed Variable Cost columns. You can also change the bucket frequency. Changing any of these values will cause the Override Flag option to be enabled.

Note 1: If you want to capture material overhead cost for sub-assemblies, you should enter a Material Overhead cost bucket for which the cost element source ID is 500 (Total Cost). Enable the Manufaturing Cost option. Ignore the warning message. The material overhead cost will show up as level cost at the parent level.

Note 2: If you want to capture material overhead for purchased parts which use the weighted average inventory valuation method or where the inventory part cost level is set to Cost Per Serial, you should enter a material overhead cost bucket for which the cost element source ID is 500 (Total Cost). The material overhead cost will show up as level cost at the parent level.

 

Prerequisites

• A cost template must have been created.
• Cost buckets must have been defined.

System Effects

This activity will assign the cost buckets of your choice to the selected cost template.

Pages

Cost Template

Activity Diagrams

BDR Set Up Activity Costing Basic Data
BDR Set Up Costing Basic Data