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:

• The company must exist in IFS Financials.
• Cost codes must have been defined.
• To retrive the postings associated with the cost code defined in the cost code rules, the control type C106 - Work Task Cost Code has to be setup in Posting Control for each posting type.

System Effects

As a result of this activity:

• Given information will be displayed in the page. It is possible to change the information except the cost code.
• When reportig cost or hours on the work task, the resulting work task transaction will retrive a cost code based on the cost code rules.

Pages

Work Task Cost Code Rules

Activity Diagrams

Define Work Task Basic Data