Cost Element Group

A cost element group: a code and a name under which cost elements such as freight and duty are gathered.

Where

Product Information › Cost Element and Accounts Payable › Cost Element and Accounts Receivable › Cost Element

Who uses it

The accountant who sets up landed cost

When

At setup

Needs first

Nothing

What it is for

The cost element group is picked on items, vendors and customers in each company, on procurement and sale categories, on purchase and sales orders, on billing proposals and on rental documents. The same screen sits on the Product Information, Accounts Payable and Accounts Receivable menus.

Every field in plain words

Field	What it means	What to put
Cost Element Group	The short code.	Cannot be changed once saved. Required
Name	The name shown in lookups and on documents.	A clear name. Required

How to configure it

There is nothing to configure beyond the fields above. Which fields are shown, required or hidden can be changed per company by the consultant in the screen configuration.

Scenarios

• An importer adds customs duty to imported items only. Make a cost element group for imports and put it on the imported items.

What it is connected to

• Cost Element - cost elements on vendors and purchase documents
• Cost Element in Receivables - cost elements on customers
• Release Item In Legal Entity - Cost Element Group on the item

If something looks wrong

• "... can not be empty" on Save. The code is missing. Type a code.
• "... already exists" on Save. Another cost element group already uses this code.