1

Parameters

Specify setup options, indicate default values, and define number sequences.

Before you can use the Cost accountingmodule, specify the following settings on the Generaltab:

• Dimensions. When a dimension is selected, you cannot clear it if transactions exist. However, you can select an additional dimension.

• Cost category identical with account number. If the cost categories are identical to the chart of accounts, click Account reconciliationto create all ledger accounts of the Account type, Revenue, Costand Profit and lossin the Cost categoryform.

• Budget

• Transaction levels Calculation

Some of the settings cannot be changed when the Cost accountingmodule is being used.

Before you can work with Cost accounting, you must set up number sequences on the Number sequencestab.

2

Cost category

Situation:Cost categories identical to general ledger accounts

The cost categories are usually equivalent to the general ledger accounts. If the cost categories are identical to the ledger account numbers, and if you have clicked Account reconciliationin the Parametersform, you will find a list of cost categories that have been automatically created in the Cost categoryform. You can create additional local cost categories.

About cost categories

2.1

Situation: Cost categories not identical to general ledger accounts

In this case, you have to create the cost categories of the cost type Primary costsmanually, and then use Cost category referenceto create the relation to the chart of accounts.

Note
You can select several ledger accounts for one cost category. About cost categories

2.2

All situations

To receive transactions from the General ledger, define for which Dimensionsthe cost category is being used.

If you want to define more than one cost category, select the categories that you want to define, and then click Transaction control.

Note
You can select more than one dimension per cost category, but in this case, a transaction for each dimension is created. To solve this problem, see step 3.

2.3

Work with cost splitting

Click Cost splittingif you want to split the cost categories into variable and fixed costs by entering a percentage.

3

Dimension posting control

You only need to set up the dimension posting control when you work with more than one dimension and when you have cost categories with more than one dimension selected in Transaction controlon the Generaltab in the Cost categoriesform.

About the dimension posting control

4

Dimensions

Create the dimensions that you need to use in Cost accounting.

About dimensions

5

Journal names

Create the journal names that you need to create cost transactions in Cost accounting.

About journal names

6

Journal texts

Create the journal text that you want to use in the cost accounting transactions.