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Cost Object Group

A cost object group gathers several cost objects together and puts a cost against each one. It exists so a machine's depreciation, its power and its labour can be applied as a single bundle instead of being picked one at a time. It belongs to the manufacturing side of the shared product.

Where
Organization & Setup › Cost Object › Cost Object Group
Who uses it
The implementation consultant, on a manufacturing implementation only
When
After the cost objects exist
Needs first
Cost Object

What it is for​

Costing a machine usually means costing several things at once. Naming them individually every time is slow and gets forgotten, so they are bundled here, each with the cost that applies to it.

The group also carries a standard cost of its own, which is the figure used where the individual lines are not being worked out in detail.

An HR-only installation does not need this screen.

Every field, in plain words​

FieldWhat it meansWhat to put in itNotes
Cost Object GroupThe short code.WEAVERequired.
NameWhat the group is.Weaving Shed CostsRequired.
Standard CostThe standard cost of the group as a whole.1,250In rupees.

Basic Data​

One line per cost object in the group. The grid cannot be left empty, the screen refuses a group with no lines.

FieldWhat it meansWhat to put in itNotes
Line #The line number.Fills itself
Cost ObjectThe cost object being included.LOOM-01Pick it from the list.
NameWhat that cost object is.Fills itself from the cost object you pick
CostThe cost of that object within this group.850In rupees.

How to configure it​

  1. Create the Cost Objects first. Nothing can be picked here that does not exist.
  2. Open Cost Object Group and enter the code and name, for example WEAVE and Weaving Shed Costs.
  3. Enter the Standard Cost for the group.
  4. Add a line per cost object with its own cost.
  5. Save. The screen refuses a group with no lines.
  6. Skip the screen entirely on an HR-only implementation.

Scenarios​

A machine's cost is depreciation plus power plus labour​

Three cost objects, one group, three lines, a cost on each. The group is then applied in one step wherever the machine is costed.

What it is connected to​

  • Cost Object must exist before a line can name one.
  • The Resource and Resource Group screens of the manufacturing product read cost object groups.

If something looks wrong​

  • "It will not save, it says the lines data cannot be empty" - a group needs at least one cost object line.
  • "A cost object is not in the list" - it has not been created on Cost Object yet.