Retroactive Element with Costing Type of Costed Example
Cost accounts are built from your work structure with the highest costing priority being Retro Element Context Segment and the lowest costing priority being Payroll level.
Example of Regular Element with a Costing Type of Costed
In this costing example, the flexfield that contains 4 segments, such as company, cost center, expenditure type, and project has a costing type of Costed and has these costing entries:
|
|
Retro Element Entry |
Retro Element Eligibility |
Payroll |
Element Eligibility |
Department |
Job |
Element Entry |
|---|---|---|---|---|---|---|---|
|
Company |
01 |
200 |
|||||
|
Cost Center |
300 |
100 |
|||||
|
Expenditure Type |
50001 |
60001 |
|||||
|
Project |
123456 |
987654 |
Based on the above entries, the costing process determines these costing levels to build the cost account 01.300.50001.987654:
-
Company is costed at Payroll level.
-
Cost Center is costed at the Retroactive Element Entry level.
-
Expenditure Type is costed at the Retroactive Element Eligibility level.
-
Project is costed at the Element Entry level.
The priority account isn't actually part of the hierarchy. The retroactive element eligibility level takes highest priority in the hierarchy.