What are the prerequsites for costing transactions?

Answers were Sorted based on User's Feedback



What are the prerequsites for costing transactions?..

Answer / jagannath

For Costing Labour Time in Oracle Project Costing you will need to make sure that following setup is done.
1.
You have defined Labour Cost Rate Schedule for the Organization / Operating Unit ( cost rate schedule can be defined at various level of the organization Hierarchy )

2.
You have defined cost rates for each of the Job that is assigned to Employee Assignment. ( I am assuming you are defining cost rate for Job).
It is important that you have got Job associated with employees on the cost rate schedule.
3.
For the Cost rate defined above, you have associated Organization and Cost Rate schedule in Organization Labour Costing Rule.

4.
If you are doing burdening, you need to define burden schedule and all associated setup for Burden schedule ( like, burden cost code, Burden cost base, burden structure ...etc ) and burden schedule should be compiled

Is This Answer Correct ?    0 Yes 0 No

What are the prerequsites for costing transactions?..

Answer / veen44

Depends on the Costing transaction that you are going to make. Also depends upon the Accounting generation as to where is it going to take place(either in Project Costing or respective subledgers).
Answer 1 is specific and correct to a point when you are decided where the Costing transaction is going to take place.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Oracle Apps AllOther Interview Questions

Explain the profile option 'responsibility trust level'.

0 Answers  


Define about key flexfiled ?

0 Answers  


What is flexfield? And types of flexfields?

0 Answers  


Explain the types of flexfields?

0 Answers  


What are the relationships I can define in a multi org environment?

0 Answers  






What are cycles of ar?

0 Answers  


What is the method of calling standard – interface program from pl/sql or sql code?

0 Answers  


What is a flexfield?

0 Answers  


Define descriptive flexfield ?

0 Answers  


List some uses of dff (descriptive flex field) ?

0 Answers  


What are cycles of gl?

0 Answers  


Differentiate apps schema from other schemas?

0 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)