You also specify whether an expenditure type requires a cost rate. An expenditure type with the following attributes requires a cost rate:
For supplier invoice expenditure types, if you specify that a rate is required, Oracle Projects requires you to enter a quantity in Oracle Payables for invoice distributions using that expenditure type. When you interface the invoice distribution to Oracle Projects, Oracle Projects copies the quantity and amount to the expenditure item and calculates the rate. If you define a supplier invoice expenditure type with the Rate Required option disabled, then the quantity of the expenditure item is set to the amount you enter in Oracle Payables.
|Expenditure Type||Module Where Expenditure Originated||Expenditure Type Class|
|Materials||Oracle Payables||Supplier Invoice|
|Table 1 - 81. (Page 1 of 1) Example of Multiple Expenditure Type Classes for One Expenditure Type|
This feature allows you to use a single expenditure type to classify as many different costs as you require. You can use the same expenditure type for expenditures that have different origins (and therefore different accounting), but which should otherwise be grouped together for costing, budgeting, or summarization purposes.
See: Defining Expenditure Types