Set Up a Default Cost Profile

Use this task to create and edit cost profiles that can be automatically assigned to items at the cost organization, cost book, or item category level. A cost profile must be associated with an item before the item can be costed.

To create a default cost profile, perform the following steps.

1. In the Setup and Maintenance work area, use the Manage Default Cost Profiles task:

   • Offering: Manufacturing and Supply Chain Materials Management

   • Functional Area: Cost Accounting

   • Task: Manage Default Cost Profiles

2. Click the Create icon to create a new default cost profile, and complete the required fields. The fields are described in the following table.

   Field	Description
   New Item Profile Creation	Determines how the default cost profile is assigned to new items for cost processing. The following settings are available. Automatic. The preprocessor automatically assigns the default cost profile to new items, and the new item cost profiles can be used by the cost processor. Review Required. The preprocessor generates the cost profiles for new items based on the default cost profile and sets them to Awaiting Approval status. The new item cost profiles must be reviewed and approved before they can be used by the cost processor. It is recommended that you set this field to Automatic if you want to use file-based data import or the ADF Desktop Integrator to import cost data.
   Cost Organization	Specifies that the associated cost profile will be assigned to all of the items in this cost organization.
   Category Name	Specifies that the associated cost profile will be assigned to all of the items in this category.