Generating normal cost elements based on account codes

This page allows you to create only normal cost elements. Tell me more.

Select the “Create Multiple Cost Elements” link at the bottom of the “Create Cost Element” page.

The “Generate Normal Cost Elements” page appears.

Enter the following fields:

Effective Date

Use the drop-down list box to select the date from which the cost element is to be effective. All the start dates of the MAC periods that have been defined for MAC years that are in the “Open” status will be available for selection in the chronological order. The system displays the earliest “Open” MAC period by default.

Note: The date selected in this field must be before or the same as the date selected in the “Expiry Date” field.

Expiry Date

Use the drop-down list box to select the date on which the cost element is to expire. All the end dates of the MAC periods that have been defined for MAC years that are in the “Open” status will be available for selection in the chronological order. The system displays the latest “Open” MAC period by default.

Enter the following fields in the “Search Criteria” group box to search for account codes:

Company Code	Use the drop-down list box to select the code identifying the company for which you want to create normal cost elements. All the codes identifying the companies associated with the business unit in which the cost elements are being created will be available for selection in the alphabetical order.
Account Group	Use the drop-down list box to select the group to which the account codes that you want to retrieve belong. You can select from “Asset”, “Expense” or “Revenue”.
	Asset – indicates that the system would retrieve all the account codes representing the stock accounts.
	Expense – indicates that the system would retrieve all the account codes representing the expense accounts.
	Revenue – indicates that the system would retrieve all the account codes representing the revenue accounts.
	The system displays “Expense” by default on launch of the page.
Account Code From	The starting code in the range of account codes that you want to retrieve (Alphanumeric, 32).

Note: The code entered in this field must be before or the same as the code entered in the “To” field.

To	The ending code in the range of account codes that you want to retrieve (Alphanumeric, 32).

Click the “Search” pushbutton to retrieve the account details.

The system retrieves and displays the following in the “Account Definition Details” multiline based on the search criteria entered:

Company Code	The code identifying the company.
Account Group	The group to which the account code belongs. It could be “Asset”, “Revenue” or “Expense”.
Account Code	The code identifying the account.
Description	The description of the account code.

Check the box in the “Select” column of the multiline to mark an account code.

Note: A cost element must not have been created for the selected account code.

Click the “Generate” pushbutton to generate cost elements for the selected account codes.

The system generates a normal cost element for the selected account codes. The code identifying the cost element would be the same as the account code. The system saves the details of the newly created cost elements. The system also saves the details of the company, business unit, logistics organization and organization unit along with the newly created cost element details.

The system also stores the login ID of the user and the system date along with the newly created cost element details. The system also updates the status of the cost element as “Active”.

Generating normal cost elements based on account codes – An overview

You can create multiple cost elements at a time. You can set a period during which the cost element would be effective. This page allows you to carry out a search to retrieve the account codes for which the cost element must be created. You can carry out a search by specifying the company and the group to which the account codes belong. You can also search by specifying a range of account codes that you want to retrieve. The system retrieves the details of the account codes based on the search criteria entered.

You can select the account codes for which the cost elements must be created. Cost elements must not have been defined earlier for the selected account codes. The system retains the account code as the cost element code. The system saves the details of the newly created cost element along with the details of the company, business unit, logistics organization and organization unit. The system also updates the status of the cost element as “Active”.