This field displays the project cost type against which this labor time will be recorded. You can change the default code.
- For project-related activities, the Project cost type code is determined as follows:
- If a link with a work center is established, the cost type defined on the operation resource (work center record) is displayed.
- If a link is established at the task category level, the cost type defined on the task category is displayed.
- If a link with a work center or task category fails, the link is established at the user level and the cost type defined on the user record is displayed.
- If the system fails to obtain a linked cost type code, the cost type defined in the PCCCOD - Default labor cost type parameter (TC chapter, PJM group) is displayed.
- For non-project activities such as training or annual leave, the cost type code is determined as follows:
- If a link with a time category is established, the cost type defined on the time category record is displayed.
- If a link with a time category fails, the link is established at the user level and the cost type defined on the user record is displayed.
- If a link with a time category and the user record fails, this field is left blank.
Project cost types define types of cost that can affect a project such as raw materials, labor costs and indirect costs.
The Financial overview function (PJMFINOV0) uses this cost type to calculate actuals.