Copy Actual Cost Rate to Cost Set 1

Explanation

This activity is used to copy the actual cost rates for a period to cost set 1 records of Work Center/Labor Class costs. When Periodic Weighted Average calculation is performed all transactions that belongs to Not Aggregated/Not Transferred to finance will be updated. If actual cost rates are copied to cost set 1 before Periodic Weighted Average calculation is performed, transactions that falls after the end of the period will be updated with the latest actual cost rates.

Note: Copy can also be performed from the tabs selecting the work center or labor class records.

Prerequisites

Actual cost rates for the period must be approved.

System Effects

Cost Set 1 values will be updated.