| Item Surcharge Base (ticpr1120m000) Cost Calculation Code A specification of how a standard cost, valuation price, or
sales price is calculated. The code stores specific cost calculation data. The price calculation code that is defined in the Standard Cost Calculation Parameters (ticpr0100m000) session determines the standard
cost. Other cost calculation codes are used for simulation purposes. The price
calculation code for customized items is stored by project. Example - Specific operation rates
- Subcontracting rates
- Simulated purchase prices
- Surcharges
Item Group A group of items with similar characteristics. Each item
belongs to a particular item group. The item group is used in combination with
the item type to set up item defaults. Item The raw materials, subassemblies, finished products, and tools
that can be purchased, stored, manufactured, and sold. An item can also represent a set of items handled as one kit,
or which exist in multiple product variants. You can also define nonphysical items, which are not
retained in inventory but can be used to post costs or to invoice services to
customers. The examples of nonphysical items: - Cost items (for example, electricity)
- Service items
- Subcontracting services
- List items (menus/options)
Booking Triggered By If valuation prices are calculated, you must determine at which
moment the surcharge is used in the calculation. The relevant surcharge will be
added to the Valuation prices at the moment the value of
the Booking Triggered By is valid. Note In standard cost
valuation, surcharges are taken into account regardless of whether the
surcharge is triggered by issue or receipt. Warehouse The warehouse to which the item surcharge applies. You cannot define an item surcharge if: - The Surcharges by Warehouse check box is not selected in the Item - Costing (ticpr0107m000) session.
- The Cost Calculation Code is of the Sales Price type.
Cost Component A cost component is a user-defined category for the
classification of costs. Cost components have the following functions: - To break down an item's standard cost, sales price, or
valuation price.
- To create a comparison between the estimated production order
costs and the actual production order costs.
- To calculate production variances.
- To view the distribution of your costs over the various cost
components in the Cost Accounting module.
Cost components can be of the following cost types: - Operation Costs
- Material Costs
- Surcharge
- General Costs
- Not Applicable
Note If you use Assembly Control (ASC), you cannot use cost components
of the General Costs type. | |