Understanding the ABC Workbench
When you review activities, you can exit to the following specific forms to access all of the elements of activity-based costing:
Form |
Usage |
|---|---|
Business Unit Revisions |
You can set up or revise departments. |
Organization Structure |
You can set up or revise resources in the chart of accounts. A chart of accounts provides the structure for your general accounting accounts. |
Activity Cost Inquiry |
You can view costs by activity. Theses costs are calculated by reading the Cost Analyzer Balances table. You can review detail information about activity costs by cost object. |
Activity Revisions |
You can enter or change attributes, category codes, driver codes, and so on. |
Cost Pool Definition |
You can identify the group of cost elements that share a common driver. |
Driver Definitions |
You can create and update driver definitions and calculation instructions. You can define how to calculate driver volumes at the summary level. |
Driver Volume Revisions |
You can calculate driver volumes and create driver balances. Based on driver definitions, you indicate which drivers the system calculates by selecting the driver in the Driver Selection program. |
Cost Object Type Definition |
You can set up user defined cost object types. The cost object types can then be included in manual journal entries, batch and standard voucher entries, and invoice entries. |
Cost Assignment Definition |
With ACA, you can create cost assignments that are based on information that the system gathers during transaction processing. You set up flexible calculations to assign costs for managerial accounting or activity-based costing. |
Cost Analyzer Balances |
You can review cost analyzer entries. You can review the details of a specific entry, including the net posting balances and year-to-date total for the selected entry. While you can access Cost Analyzer from ABC Workbench, you can inquire by activities only if you have activated the activity-based costing option in the Cost Management Constants. |