Understanding Rates Creation

You can use rates in JD Edwards EnterpriseOne Advanced Cost Accounting as a basis to reallocate costs. For example, to calculate the advertising rate, you can retrieve sales order detail lines by product and multiply them by a rate for each product.

When you create a rate in the Rate Master Revisions program (P1642), the system assigns an identification number to the rate and stores the information for the rate in the following tables:

  • Rate Master Header File (F1642).

  • Rate Master Detail File (F16421).

You can create rates that are specific to items, cost objects, activity or cost pools, and subledger types. When you define rates, the system prompts you to create a default rate for the activity or cost pool. The system uses the default rate in a rate-based calculation if the From information in the assignment does not have a matching rate in the rate master tables.