Assign Activity to Cost Center
Explanation
Use this activity to assign an activity to a cost center. This task, to be
performed by a system administrator or equivalent person, is mandatory for
activity-based costing (ABC).
Prerequisites
This activity has the following prerequisites:
- A cost center with connected costs must have been created.
- An activity must have been
created.
System Effects
As a result of this activity:
- Activities are defined for driving the costs
for a specific cost center.
Window
Cost Center
Related Window Descriptions
Cost Center
Cost Center/Cost Center Activities
Procedure
To perform this activity, follow these steps:
- Open the
Cost Center window.
- In the Cost Center field, query for the cost center whose activities you
wish to assign.
- Click the
Cost Center Activities tab.
- Create a new record.
- In the Cost Activity ID field, click List and select the activity you wish to connect to
the cost center from the List of
Values.
- In the Activity Cost Factor field, enter the percentage of the cost
center costs for the activity.
- In the Est Driver Qty field, enter the quantity to receive the
activity cost driver rate.
- Repeat steps 4-7 for each activity you want to assign to the cost center.
- Click Save.