Setting Up Equipment Cost Analysis Rules

Access the Equipment Cost Analysis Rules form.

Analysis Type

Enter the code that identifies a specific equipment cost analysis type. Equipment cost analysis types control the accounts that the system includes in the analysis and which columns are available. Enter a value from UDC 13/CT (Equipment Cost Analysis).

Co (company)

Enter the code that identifies a specific organization, fund, or other reporting entity. The company code must already exist in the Company Constants table and must identify a reporting entity that has a complete balance sheet. At this level, you can have intercompany transactions.

Note: You can use company 00000 for default values such as dates and AAIs. You cannot use company 00000 for transaction entries.

LT (ledger type)

Enter a value from UDC 09/LT (Ledger Types) that the system uses to specify the type of ledger, such as AA (Actual Amounts), BA (Budget Amount), or AU (Actual Units). You can set up multiple, concurrent accounting ledgers within the general ledger to establish an audit trail for all transactions.

Business Unit

Specify the entity within a business for which you want to track costs. For example, a business unit might be a warehouse location, job, project, work center, branch, or plant.

You can assign a business unit to a document, entity, or person for purposes of responsibility reporting. For example, the system provides reports of open accounts payable and accounts receivable by business unit to track equipment by responsible department.

Business unit security might prevent you from viewing information about business units for which you have no authority.

Obj Acct (object account)

Specify the object account. The object account is the portion of a general ledger account that refers to the division of the Cost Code (for example, labor, materials, and equipment) into subcategories. For example, you can divide the Cost Code for labor into regular time, premium time, and burden.

Note: If you use a flexible chart of accounts and the object account is set to six digits, it is recommended that you use all six digits. For example, entering 000456 is not the same as entering 456, because if you enter 456, the system enters three blank spaces to fill a six-digit object.

Sub (subsidiary account)

Specify the subsidiary account, which is a subset of an object account. Subsidiary accounts include detailed records of the accounting activity for an object account.

Note: If you are using a flexible chart of accounts and the object account is set to six digits, you must use all six digits. For example, entering 000456 is not the same as entering 456 because, if you enter 456, the system enters three blank spaces to fill a six-digit object.

Cost Classification

Specify how the system associates account numbers with cost buckets, such as material costs, labor costs, other costs, or special costs. Enter a values from UDC 13/CC (Cost Classification). Correct cost classification ensures that costs are rolled up into the correct cost columns within the Equipment Cost Analysis program (P13801).