Manage Cost Elements and Analysis Groups
Map cost elements to analysis codes within analysis groups. This enables you to define alternate views of item costs, and summarize costs for different reporting needs.
Map cost elements to as many analysis group and analysis code combinations as you need. For example, group cost elements into fixed and variable analysis groups, or direct and indirect analysis groups.
You can assign a cost element to multiple analysis codes. An analysis code must be unique within an analysis group, and it can be reused in multiple analysis groups. For each analysis group you can set up a default analysis code that's used for cost elements that aren't assigned to an analysis code.
The following table describes examples of cost elements mapped to analysis codes and analysis groups.
Analysis Group |
Analysis Code |
Cost Element |
---|---|---|
AG1 |
Variable Cost |
Direct Material |
AG1 |
Variable Cost |
Inbound Freight |
AG1 |
Variable Cost |
Material Handling |
AG1 |
Variable Cost |
Outbound Freight |
AG1 |
Variable Cost |
Direct Labor |
AG1 |
Variable Cost |
Internal Profits |
AG1 |
Fixed Cost |
Store Supervisor |
AG1 |
Fixed Cost |
Factory Rent |
AG2 |
Indirect Cost |
Outbound Freight |
AG2 |
Indirect Cost |
Internal Profits |
AG2 |
Indirect Cost |
Store Supervisor |
AG2 |
Indirect Cost |
Factory Rent |
AG2 |
Indirect Cost |
Electricity |
AG2 |
Indirect Cost |
Depreciation |
AG2 |
Direct Cost |
Direct Material |
AG2 |
Direct Cost |
Inbound Freight |
AG2 |
Direct Cost |
Material Handling |
AG2 |
Direct Cost |
Direct Labor |
AG2 |
Default |
Miscellaneous Cost |