Using Accounting Component › Budgets and Plans › Assign Cost Elements to Cost Pools

Assign Cost Elements to Cost Pools

Once the main cost pools have been defined, a total cost of each cost pool can be calculated. First, the activities related to each cost pool are identified and assigned to the appropriate cost pool. To properly trace the expenses to each cost pool, cost drivers have to be identified for each cost element.

To assign a cost element to a cost pool

1. Go to Accounting, Budget and Planning, Cost Elements.
2. Select the Cost Element(s) you wish to assign to a cost pool.
3. Click the Assign to Cost Pools button.
4. Assign pools with cost elements by selecting the corresponding checkboxes.
5. Click the Save Assignments button.