Financial Administration › Financial Matrices › Cost Plus Codes and Rules › How to Enable Cost Plus Codes › Create Cost Plus Codes

Create Cost Plus Codes

To create a cost plus code

1. Select Define Matrix from the Finance menu.

   The Define Matrix: Cost Plus Codes page appears.

2. Click New.

   The Cost Plus Code Properties page appears.

3. Define the following fields:

   Cost Plus Code

   Defines the unique ID for the cost plus code.

   Limits: 8 characters

   Description

   Defines the detailed description of the cost plus code.

   Limits: 40 characters

   Short Description

   Defines the brief description of the cost plus code.

   Limits: 15 characters

   Applies To

   Defines the cost type to which the cost plus code applies from the list.

   Values:

   • Actual. The actual amount paid for transactions.
   • Standard. The blended or burdened rate.

4. Click Submit.