Understanding Cost Adjustment Types
Cost adjustment types define the values for cost adjustments of a certain type including information such as accounting information and a default approval profile.
Cost Adjustment types are defined by:
• Cost Adjustment Type Business Object: The business object used for cost adjustments based on this cost adjustment type.
• Approval Profile: A list of approval profiles used in the approval process for this cost adjustment type are as follows:
◦ Amount Based
◦ Role Based
◦ Self Approval
Note:
that the cost adjustment type can have one, and only one, default adjustment profile which can be selected from a list of approval profiles.
• Offset Cost Center: Identifies the offset cost center to use for the clearing account.
• Offset Expense Code: Identifies the offset expense code to use for the clearing account.
• Distribution Code: A list of valid distribution codes used to construct the actual GL account. Each cost adjustment can have one and only one distribution code which controls how the GL account number is constructed by the system.
Refer to
Defining Cost Adjustment Types for more information about setting up cost adjustment types.
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