Pricing Transactions Associated with Work Orders

PeopleSoft Project Costing tracks the cost of work that is performed against tasks on a work order if you use PeopleSoft Maintenance Management. Transaction costs flow from PeopleSoft Maintenance Management into various PeopleSoft applications such as PeopleSoft Time and Expense, Inventory, Payables, and Purchasing, and from these systems into PeopleSoft Project Costing. PeopleSoft Project Costing also tracks the cost of tools usage by retrieving the actual time that users record for tools on a work order task, and using the time as a basis to calculate the tools usage cost.

The Project Transaction table stores the work order business unit, work order ID, task ID, work order resource type, and work order resource line number for each transaction row for the work order task.

When you set up rate sets for use with work orders, select the WBI and WCO rate options on the Rate Sets - Target page for the Pricing process to use the work order labor bill and cost rates to calculate target rows. Select the TBI and TCO rate options for the Pricing process to use actual time recorded for tools usage in PeopleSoft Maintenance Management, and the tools cost and bill rates from the Technician Workbench - Tools Usage page to calculate target rows.

The high-level steps to set up work order pricing are:

• Create rate sets in PeopleSoft Project Costing.

• Specify default rate sets for the work order business unit.

• Use the default rate set on the work order or specify an alternate rate set.

  The system updates activities with new rate sets on the work order.

• Run the Pricing process for repricing if you change the default rate set on a work order.