Define Cost Template

Explanation

Use this activity to define and maintain cost templates to be used within the system, and to connect buckets to inventory parts. This mandatory task is to be performed by a system administrator or equivalent person. The idea with Cost Rollup Control is explainded by a short example.

We buy a part 95 times of 100. We want to capture manufacturing cost in the shop order flow, using manufacturing cost buckets, but we don't want to include manufacturing level cost in the cost rollup calculation for this part. We create a cost template that includes both Manufacturing- and External Acquired cost buckets. But we only select the Use External Acquired Costs check box.

Six system-defined cost templates are installed when a user creates a site. Template are used to connect buckets holding costs to the inventory part that will carry the costs. This activity can be performed in the Cost Template and Cost Templates windows.

Prerequisites

This activity has the following prerequisites:

• Cost buckets must be defined.
• Sites must be defined.

System Effects

As a result of this activity:

• A cost template will be created to which you can connect cost buckets.
• Include/exclude Manufacturing Costs/External Acquired Costs in the Cost Rollup calculation.

Window

Cost Template

Related Window Descriptions

Cost Template
Cost Templates

Procedure

To perform this activity in the Cost Template window, follow these steps:

1. Open the Cost Template window.
2. Create a new record.
3. In the Template ID field, enter up to five alphanumeric characters for the cost template ID.
4. In the Template Description field, enter a description for the cost template.
5. To change the default site, select the site to which you want to connect the cost template from the List Values.
6. Select Use Manufacturing Costs if you want to include manufacturing cost buckets in the Cost Rollup.
7. Select Use External Acquired Costs if  you want to include external acquired cost bucket in the Cost Rollup.
8. Save the changes.
9. Repeat steps 2-7 for each cost template you want to create.

To perform this activity in the Cost Templates window, follow these steps:

1. Open the Cost Templates window.
2. Create a new record.
3. In the Cost Template ID field, enter up to five alphanumeric characters for the cost template ID.
4. In the Template Description field, enter a description for the cost template.
5. To change the default site, select the site to which you want to connect the cost template from the List Values.
6. Select Use Manufacturing Costs if you want to include manufacturing cost buckets in the Cost Rollup.
7. Select Use External Acquired Costs if  you want to include external acquired cost bucket in the Cost Rollup.
8. Repeat steps 2-7 for each cost template you want to create.
9. Save the changes.