Equipment Cost Entry (tpppc2551m000)

Use this session to display the equipment cost transactions manually entered, that are not posted to the Financials and the project history by the Process Transactions (tpppc4802m000) session.

Note: In Project, the financial transactions originating from a financial document (for example a journal voucher) are split as cost or revenue transactions. LN automatically processes and registers the transactions in the Cost Transactions (tpppc2100m000) and Revenue Transactions (tpppc3505m000) sessions, after the financial document linked to the transactions is approved in Financials.

Field Information

Project

The project code.

Equipment

The equipment's code.

Sequence Number

The sequence number code.

Element

The element code.

Activity

The activity's code.

Extension

The code that identifies the extension.

Buy-from Business Partner

The buy-from business partner code.

Amount of Time

The number of time units. For instance, the numbers of days that a crane has been employed for a project.

Total quantity of transaction = Amount of time * Quantity (rounded to two decimals).

Quantity

The cost object's quantity.

Currency

The project currency

Cost Amount

The total costs. If you change the automatically generated cost amount, for example, to grant a discount, the value of the Cost Rate field is automatically adjusted.

Registration Date

The transaction's date (voucher date).

Billable

If this check box is selected, the transaction is allowed to be invoiced to the customer.

Posting Type

The entry type shows both the origin of the transaction and the accounts on which the transaction posted to Financials is based.

User

The login code of the user who entered the transaction.

Cost Rate

The cost rate for the equipment.

Cost Component

The cost component associated with the cost object.

Note: You can only specify a cost component for which the Component Type is set to Detail or Collect in the Cost Components (tcmcs0148m000) session.

Cost Determination

Indicates how cost amounts related to the cost object are calculated in the actual budget.

Allowed values

Quantity: The costs related to the subcontracting cost object are calculated, by quantity-based measure of productivity.
Amount of Time: The costs related to the subcontracting cost object are calculated, by time-based measure of productivity. Example, the subcontractor can be paid by the hour.
Rate Only: The costs related to the subcontracting cost object are calculated, based on only an agreed rate.
Amount Only: The costs related to the subcontracting cost object are calculated, based on only an amount (lump sum).

Note: The field can be set to Rate Only or Amount Only only if:

The Services Procurement is set to In Preparation or Active in the Implemented Software Components (tccom0100s000) session.
The Procurement by field is set to Subcontracting Procurement Order.

This value cannot be modified when used for a planned PRP order or when costs are booked based on this value.