Define Cost Types For Each Cost Category

Explanation

This activity is used to define cost types for each cost category. Cost types are used to categorize all transactions that are recorded on the complex assembly work order.

A cost type belongs to one of the following predefined MRO (Maintenance Repair Overhaul) cost categories: Material, Labor, Machine, Overhead, Purchase, Tools Equipment, and Other. For the Material category, you can define several cost types by combining the values of the following fields: Ownership, Condition Code and Life Limited.

Prerequisites

N/A

System Effects

As a result of this activity, the cost type is defined for each cost category.