Specify Step Type Prepare Factor

Explanation

This activity is used to include a step of the Prepare Factor type in a selected cost allocation procedure. Both amount and quantity balances stored in ledgers and budgets can be used as the basis for factor calculations, regardless of the allocation type of the procedure.

Prerequisites

In order to perform this activity:

• A cost allocation procedure of the Defined or Active status should exist.
• A factor of the Automatic type should be connected to the procedure.

System Effects

As a result of this activity, the following system effects take place once the step is executed.

• The status of the selected factor of the Automatic type will change to Prepared.
• The cost amounts to be posted to each code string combination will be calculated based on the factor.

Window

PCA Step Definition

Related Window Descriptions

PCA Step Definition

Procedure

To specify Prepare Factor step type:

1. Open the PCA Step Definition window and search for the procedure for which you want to enter the step. (You can also open the PCA Step Definition window by right-clicking in the Cost Allocation Procedures window.)
2. Create a new record in the table.
3. Enter a value in the Seq No field to specify the sequence.
4. Enter an ID for the step in the Step ID field.
5. Select Prepare Factor for the Step Type field.
6. In the Factor ID field, enter the ID of the factor for which you want to perform this step. The List of Values can be used to select the relevant factor.
7. Enter a description for the step in the Description field.
8. Save the information.