Pre-requisites:
Cost Analysis code – We have to assign an Analysis code to the activity. Hence first we will see how to create Cost analysis code.
Analysis Code:
An individual component cost identified by a particular cost component class can be further broken down using cost analysis codes for more granular tracking of costs.
Navigation: OPM financial > Setup > Analysis codes
Enter a code to identify the cost analysis type & description for the code
Use this cost analysis code while defining Activities.
Activities:
Activities are actions performed during production. Cost analysis codes are assigned to activities so that proper cost calculations are computed.
Navigation: Process Engineer > Setup > Activities
Enter the activity code, description and suitable cost analysis code.
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