Pricing Administration Guide > Creating and Using Cost Lists > Process of Creating Cost Lists >

Creating the Cost List Record

The cost list record includes general information about the cost list as a whole, such as its name, the organizations that can use it, and its cost method.

To create the Cost List record

1. Navigate to the Administration - Pricing screen > Cost Lists view.
2. In the Cost Lists list, add a new record and complete the necessary fields, as described in the following table.

   Field	Comments
   Cost List	Enter a unique name for this cost list. If you have many cost lists, it is important to use meaningful names and a consistent naming convention for them all.
   Description	Enter a description of this cost list for your own use.
   Effective From	Enter the date and time when this cost list will become effective. By default, the application assigns the current system date and time when you first create the Cost List record.
   Effective To	Enter the date and time when this cost list will become ineffective. After this time, Siebel applications will not use this cost list.
   Cost Method	Select one of the four cost methods: Standard, Average, Next, or Last. These cost methods are described in About Cost Lists.
   Created By	This field displays the user name of the person creating this record.
   Created	This field displays the date and time when the record was created.
   Organization	Select the organizations that will use this cost list.
   Updated By	This field displays the user name of the last person who updated this record.
   Updated	This field displays the date and time when the record was last updated.