Work Order Task Accounting

You can click the Set Accounts link on the Requirements page to access the Work Order Task Accounting page. Use this page to set up asset capitalization, retirement, and chargeback information for the work order task and to generate accounting transactions based on the GL business unit set up in the work order business unit and send this accounting data through the subsystems to PeopleSoft Project Costing for cost and billing calculations. This only applies to work orders associated with work order-managed projects.

Important:

Work orders associated with Project Costing-managed projects do not use this page to set up accounting for chargebacks. Chargeback accounting for work orders associated with Project Costing-managed projects are handled completely by PeopleSoft Project Costing.

See PeopleSoft Maintenance Management System Overview.

Asset Capitalization for Work Order-managed Projects

You can select a filter ID and a capitalization minimum amount for PeopleSoft Project Costing to use to calculate the capitalization amount for an asset. The capitalization minimum amount that you specify means that the cost to repair, maintain, or build the asset must be equal to or greater than the amount specified in this page before PeopleSoft Project Costing will calculate a capitalization amount to apply to the asset in PeopleSoft Asset Management. You identify a filter that is set up in the PeopleSoft Project Costing Express Asset Filter Criteria component. This filter criteria specifies which transaction costs are allowed to make up the amount to capitalize. For example, Filter 1 could establish that material and labor actuals should be capitalized, and Filter 2 could indicate that only labor actuals should be capitalized.

Chargebacks for Work Order Managed Projects

PeopleSoft Project Costing integrates with PeopleSoft Maintenance Management to enable you to charge back these costs to a different organization such as a different GL business unit, operating unit, or department. You use the Work Order Task Accounting page to enable these chargebacks. This only applies to work orders that are associated a with a work order-managed project. For project-managed work orders, the charging back of costs is controlled in PeopleSoft Project Costing using standard PeopleSoft Project Costing functionality.

Before you can generate chargebacks for work orders associated with work order-managed projects, you must:

• Select the Enable Organization check box on the Set Up Financials/Supply Chain, and then Installation Options, and then Project Costing page.

• Select Project Costing, and then Project Definition, and then Organization and select a GL business unit for the project that will be associated with the work order.

• Select the Generate Chargebacks check box on the Set Up Financials/Supply Chain, and then Business Unit Related, and then Work Order Definition, and then Definition page. You can override this option at the shop or work order type levels.

  Note:

  You cannot select this field if you have not selected the Enable Organization check box on the Installation Options - Project Costing page listed above.

• To calculate chargebacks for a work order task, you set up the Task Accounting page, where you select the ChartFields that the chargeback will be charged to when the accounting rules are applied in Project Costing

See Project Costing Price Engine, Rate Sets, and Rate Plans.