Set default cost code standard and level

If you want to use cost codes in your project quotations and projects, set the default cost code standard and default cost code level.

You can change these defaults on a project quotation work breakdown structure.

Note

If you change these settings on a project quotation work breakdown structure, and already cost codes are defined, these are lost.

Steps

1. Go to Project management and accounting > Setup > Advanced project management > Advanced project management parameters.

2. Click Advanced project management parameters.

3. In the Default cost code standard field, enter or select a value.

4. Define the default cost code level:

   • Activity: You can define a cost code for each WBS line. All estimated-costs-and-revenue lines of a WBS line have the same cost code, which cannot be changed.

   • Transaction: You can define a cost code for each WBS line and for each estimated-costs-and-revenue line. So, estimated-costs-and-revenue lines of one WBS line can have different cost codes.

   In the Default cost code level field, select an option.

5. Click Save.

6. Close the page.