Demand cost plans capture the costs of demands. Create a cost plan to specify the
unit cost of a cost type for a fiscal period.
Role required: it_demand_manager
The application automatically creates cost plan breakdown
records when you save the cost plan. The cost plan breakdowns are records that
specify the estimated and actual costs and the budget at a granular level for
specific fiscal periods, such as FY16: April and FY16: May.
Note: Cost plans are automatically created for resource plans that are associated to
If you want to use multiple currencies, create a new cost plan for another
On the Demand form, view the breakdowns by fiscal period in the Cost Breakdowns
Open the demand form.
In the related links, click Cost Plans.
Fill out the cost plan form (see table).
Table 1. Demand plan form fields
||Provide a descriptive name for the cost plan.|
||Select the cost type. See Create a cost type definition.|
|Start fiscal period
||Choose a starting fiscal period.|
|End fiscal period
||Choose an ending fiscal period.
||Enter the quantity of resource required.
||Review the demand number.
||Select a currency type.
||Review the total cost. If the cost is recurring, the
calculation is Quantity x
Unit cost value x number of
If the cost is non-recurring, the
cost is Quantity x
Unit cost value This
value is rolled up from the cost breakdown.
||Enter the cost of single unit of the resource
||Select the check box if the cost is recurring for
each fiscal period.
Unit cost value is incurred
for every fiscal period.