Setting cost setup parameters

This activity allows you to define parameters for the system to follow for the cost setup. You can define the parameters the first time this business component is installed. You can also modify the details of the parameters as per the business requirements. The system saves the modifications made to the parameter. The system also stores the login ID of the user and the system date along with the modified details.

Select the “Set Parameter” link under the “Cost Setup” business component.

The “Set Parameter” page appears.

Enter the following fields in the “Process Parameters” group box:

Default Calendar From GL

Use the drop-down list box to set whether the financial calendar must be defaulted in MAC. You can select from “Yes” or “No.”.

Yes – Indicates that the financial calendar will be defaulted for MAC.
No – Indicates that the financial calendar will not be defaulted for MAC

The system displays “Yes” by default on launch of the page.

Responsibility Validation Against Employee Master

Use the drop-down list box to set whether the employee who is set as responsible for the cost center must be validated with the employee master. You can select from “Yes” or “No”.

Yes – indicates that the employee will be validated with the corresponding employee master
No – indicates that the employee will not be validated.

The system displays “No” by default on launch of the page

Auto Generate Normal Cost Elements

Use the drop-down list box to set whether normal cost elements must be automatically generated when Account code is created and mapped to the company. You can select “Yes” or “No”.

Yes – Indicates normal cost elements will be automatically generated.
No – Indicates normal cost elements will not be automatically generated.

Ensure that at least one value other than blank is selected in this field to proceed with parameter setting.

The system defaults blank on launch of the page if no value is set.

Enter the following fields in the “Function Defaults” group box:

No. of Alternate Rate

Use the drop-down list box to set the number of alternate values you want to enter for the cost center – cost element combination. You can select from “0” to “8” that is available for selection in the sequential order. The system displays “0” by default on launch of the page.

Note: The number of Alternate rates once set can only be increased on further modifications

No. of Cost Center Types

Use the drop-down list box to set the number of cost center types that can be defined for a business unit. You can select from “0” to “9” that is available for selection in the sequential order. The system displays “0” by default on launch of the page.

Note: The system retrieves the number identifying the cost center type in the “CC Type Details” multiline based on the value selected in this field. You can increase the number of cost center types.

The system displays the following in the “CC Type Details” multiline:

Cost Center Type No

The number identifying the type of cost center.

Enter the following field in the “CC Type Details” multiline:

Cost Center Type Description

The textual description of the cost center type (Alphanumeric, 40).

Note: This field must not be left blank if a value greater than zero has been selected in the “No. of Cost Center Types” field.

Click the “Set” pushbutton to save the defined parameters.

The system saves the parameters that have been defined.

The system saves the login ID of the user and the system date along with the newly created parameter details. The system also saves the login ID of the user and the system date along with the modified details.