Activating / inactivating activity absorption plan

Glossary

Basics of using Ramco Enterprise series web page

The “Activate / Inactivate Activity Absorption Plan” page appears.

Activity Element

The code identifying the activity cost element (Alphanumeric, 32).  Mandatory. The code entered in this field must be a valid activity cost element that has been defined in the “Cost Setup” business component.

 

Press the <Enter> key.

 

The system retrieves the details of the cost element in the relevant fields. The system also retrieves the plan details in the relevant fields.

 

Help facility available

The system displays the following:

Description

The description of the activity cost element.

Status

The status of the plan. It could be “Active” or “Inactive”.

Rate Type

Use the drop-down list box to select the type of rate of the activity cost element. The standard rate and the alternate rates that have been defined for the cost element in the “Cost Setup” business component will be available for selection. The system displays the standard rate by default on launch of the page.

The system displays the following in the “Normal Cost Element Details” multiline:

Normal Element

The code identifying the normal cost element.

Description

The description of the normal cost element.

Weightage Factor

The proportion of the weight-age that must be accorded to the cost element.

Note: You can activate an absorption plan that is in the “Inactive” status.

The system updates the status of the absorption plan as “Active”. The system also stores the login ID of the user and the system date along with the absorption plan details.

Note: You can inactivate an absorption plan that is in the “Active” status.

The system updates the status of the absorption plan as “Inactive”. The system also stores the login ID of the user and the system date along with the absorption plan details.