Cost Entry (tpppc2605m000)

Use this session to view and maintain the cost entries of the material, labor, equipment, subcontracting, and sundry costs, specified for the project. This session is also used to define various default values for a cost entry, such as Control Period, and Year/Period.

Note: 
  • You can also access this session using the Cost Entry button in the Project 360 (tppdm6500m100) session.
  • In project, the financial transactions originating from a financial document (for example a journal voucher) are split as cost or revenue transactions. Based on the option specified in the Transaction Types (tfgld0511m000) session in Finance, the Cost Entry Overview (tpppc2811m000) session or the Cost Entry (tpppc2605m000) session is used to split the project cost.
  • Item - Costing (ticpr0107m000) session. If the Price Policy field is set to Standard Cost in the Item - Project (tppdm0105s000) session, LN defaults the standard cost in the Cost Entry (tpppc2605m000) session for the material and the Element Budget (Material) (tpptc1110s000) session. To enable the default mechanism for the standard cost of the generic item, the Standard Costs at Level field in the Items (tcibd0501m000) session can be set to either Enterprise Unit or Company.

Field Information

Project

The code that uniquely identifies the project.

Description

The description or name of the code.

Project Status

The status of the project.

Allowed values

Free
Active
Finished
Closed
Archived
Material

If this check box is selected, material cost entries are specified for the project.

Labor

If this check box is selected, labor cost entries are specified for the project.

Equipment

If this check box is selected, equipment cost entries are specified for the project.

Subcontracting

If this check box is selected, subcontracting cost entries are specified for the project.

Subcontracting Hours

If this check box is selected, subcontracting hours are specified for the project.

Sundry Cost

If this check box is selected, sundry cost entries are specified for the project.

Element

The code of the element linked to the project.

Description

The description or name of the code.

Activity

The activity code.

Description

The description or name of the code.

Extension

The extension code.

Description

The description or name of the code.

Employee

The code that identifies the employee.

Name

The name of the employee.

Year/Period

The year for which the labor hour related transactions are considered.

Hours Control Period

The period for which the labor hour related transactions are considered.

Description

The description of the year and period.

Registration Year

The From and To fields define a range of: date and time when the labor hour related transaction of the employee, are registered.

Registration Date

The date when the cost entries are registered.

Control Period

The year for which cost control, is applicable.

Cost Control Period

The cost-control period.

Description

The description of the period.

Buy-from Business Partner

The code that identifies the buy-from business partner.

Name

The name of the business partner.

Enterprise Unit

The code that identifies the enterprise unit for which the cost entries are registered.

Description

The description or name of the code.