Modifying activity absorption plan

Component overview

Glossary

Basics of using Ramco Enterprise series web page

This activity allows you to modify the absorption plan for an activity element. You can enter the code identifying the activity element that you want to modify. The system retrieves the plan details of the selected cost element. You can modify the details of the normal cost elements and the weightage factor that has been accorded to it. The system saves the modified details of the absorption plan. The system also stores the login ID of the user and the system date along with the modified details.

The “Edit 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 and is in the “Active” status.

 

Press <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 must be “Active”.

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.

CE Structure ID

The code identifying the cost element structure (Alphanumeric, 10). The cost element structure entered in this field must be a valid one that has been defined in the “Cost Setup” business component and is in “Active” status.

 

Press <Enter> key.

 

The system retrieves the details of the cost element structure in the relevant fields. The system also displays “1” as the “Weightage Factor”.

 

Help facility available

Note: The CE structure entered in this field must comprise of “Normal” cost elements.

Normal Element

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

 

Help facility available

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

Description

The description of the normal cost element.

Weightage Factor

The proportion of the weight-age that must be accorded to the cost element (Integer). The value entered in this field must be greater than zero.

Note: There can be only one activity absorption plan for a unique combination of activity element and rate type.

The system saves the modifications made to the absorption plan. The system also stores the login ID of the user and the system date along with the modified absorption plan details.

The system displays the following:

Created By

The login ID of the user who created the absorption plan.

Created Date

The date on which the absorption plan was created.

Last Modified By

The login ID of the user who last modified the absorption plan.

Last Modified Date

The date on which the absorption plan was last modified.