Cost Element
Cost Element: an extra cost on a purchase or vendor invoice (freight, duty, insurance, clearing), how its value is worked out and which accounts it posts to.
Auto Cost Elements
Auto Cost Elements: rules that put cost elements on purchase order and inbound shipment lines by themselves, by vendor, item, HS code, currency, delivery term and site.
Cost Element Group
Cost Element Group: a named group that vendors, items and purchase categories carry so Auto Cost Elements rules can address many of them at once.