Using standard cost objects

You can maintain standard cost objects of the following cost types:

• Labor
• Materials
• Equipment
• Subcontracting
• Sundry Costs

In each case, the recorded information includes details of:

• The control code and control function used for the cost object.
• The cost component used for the cost object.
• The cost price or rate and sales price or rate used for the cost object.
• Whether or not interim results are recorded by default for the cost object.
• Whether or not the cost object has an attached text.

Material cost objects are treated differently:

• Use the Items - General (tcibd0501m000) session to set up material items.
• Use the Items - Project (tppdm0505m000) session to make material items available for use in projects.