This activity is used to define project cost/revenue elements for a company.
Enable Default option, if you want the cost element to be the default cost element of the current company. Enable Default No Base Value, 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. This can be enabled only for elements of type Cost. To enable Default No Base Value, select the cost/revenue element of type cost, click Toggle Default No Base Value.
There are no prerequisites.
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.