Defining cost elements

  1. Select Basics > Cost Element.
  2. Click the New icon.
  3. Specify cost element attributes:
    Code

    Specify the cost element code.

    The code must be unique. Two or more items cannot have the same code.

    Name
    Specify a cost element name.
    Description
    Provide a brief description.
    Level

    Select a cost level.

    You can define cost levels in Generic Lookup.

    Type
    Select one of these types:
    • Input

      Enables you to specify any numeric value for the cost element.

    • Calculated

      Enables you to create a formula that computes the cost element value together with other cost element values.

    • Constant

      Enables you to specify a fixed value for the cost element. By selecting this type, only you can modify the value of the cost element.

    • User Exit

      Enables you to compute the value of the cost element from different sources using plug-ins, which can interface with other systems that return a cost value.

  4. Click Save or Save and Close.