Generate unit costs

Associate a unit cost metric with a segment of a cost model hierarchy to generate unit costs. The mapping helps to derive unit cost based on the allocation lines from the cost transparency application.

Before you begin

Role required: cost_transparency_admin, cost_transparency_analyst

Procedure

  1. Navigate to Cost Transparency > Cost Models > All.
  2. Click open a cost model to associate the unit cost metric to a segment or an account of the segment of the cost model.
  3. Click the Unit Cost Metrics related list.
  4. Click New.
  5. Fill in the form fields.
    Table 1. Unit Cost Metrics form
    Field Description
    Cost Model Select the cost model from the choice list.
    Unit Cost Segment The cost model segment for which the unit cost is to be generated.
    Unit Cost Metric Select the unit cost metric that has been defined in the consumption/weight table.
    Unit Cost Accounts filter Filter accounts based on a criteria.

    Unit costs are generated only for the filtered accounts.

    Unit Unit of measure for the unit cost.
    Transactional table Displays the segment transactional table, which cannot be edited.
  6. Click Submit.
  7. Select the unit cost metric and click Generate Unit Cost Metrics button.
  8. Select the fiscal period in the Generate Unit Cost Metrics pop-up that opens up.

    The engine has run the allocations already for the fiscal periods that are listed in the choice list.

  9. Click OK.
  10. Navigate to Cost Transparency > Cost Model Lines > Unit Costs to see the unit costs.

    The unit costs are generated and populated in the Unit Cost table. They are generated for all the filtered accounts of the Unit Cost Segment in the Unit Cost Account column of the Unit Cost table. The table also shows the total cost and quantity. Based on the enforced relationship of the metric, you can further drill down from the account unit cost.