Operation Rates by Project (tipcs1150m000)

Use this session to manage operation rates by project.

Note: 

  • If the Job Shop by Site field in the Concept Activation (tcemm4600m000) session is set to Active, this session is read-only.

  • For all rates, a cost component of the cost type Operation Costs must be specified.

Field Information

Project (PCS)

project

Cost Calculation Code

cost calculation code

Operation Rate Code

A code that identifies operation rates (labor costs, machine costs, or overhead costs). The code can be linked to a task or work center. Each cost calculation code can comprise multiple operation rate codes and associated operation rates.

Currency

The currency in which the cost is calculated. This is the operation rate code currency, defined in the Operation Rate Codes (ticpr0150m000) session.

Sequence Number

sequence number

Description

The description of the operation costs.

Type of Operation Costs

The type of costs that the operation rate relates to.

Note: 
  • The operation costs type must match the cost type selected in the Cost Component field. Example: If the cost component cost type is Labor, the operation cost type must be Labor.

Allowed values

Labor
Machine
Labor Overhead
Machine Overhead
Labor Setup
Variable Cost

If this check box is selected, the operation rate applies to variable costs.

If this check box is cleared, the operation rates apply to fixed costs.

Rate

The rate by man hour or machine hour. The rate that you enter is valid for the type of operation costs that you defined in the Type of Operation Costs field.

Cost Component

The 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: 
  • The operation costs type must match the cost type selected in the Cost Component field. Example: If the cost component cost type is Labor, the operation cost type must be Labor.

Default value

LN retrieves the default value from the Standard Cost Calculation Parameters (ticpr0100m000) session.