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    • IT Business Management
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    Home New York IT Business Management IT Business Management Financial Management Financial Modeling Cost models Create a cost model from Cost Model form Generate unit costs

    Generate unit costs

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    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 financial modeling application.

    Before you begin

    Role required: cost_transparency_admin or cost_transparency_analyst

    Procedure

    1. Navigate to Financial Modeling > Cost Models > All.
    2. To associate the unit cost metric to a segment or an account of a segment of the cost model, click open a cost model.
    3. Click the Unit Cost Metrics related list.
    4. Click New.
    5. On the form, fill in the fields.
      Table 1. Unit Cost Metrics form
      Field Description
      Cost Model Cost model from the list.
      Unit Cost Segment The cost model segment for which the unit cost is to be generated.
      Unit Cost Metric Unit cost metric that has been defined in the consumption/weight table.
      Unit Unit of measure for the unit cost.
      Transactional table Segment transactional table, which cannot be edited.
      Include Bucket Info Option to enable the bucket information in unit costs.

      By default, Include Bucket Info flag is set to False. If the flag is true, then the bucket information is populated in the bucket column of the Unit Cost [itfm_unit_cost] table.

      Unit Cost Accounts filter Accounts filtered based on a criteria.

      Unit costs are generated only for the filtered accounts.

    6. Click Submit.
    7. Select the unit cost metric and click Generate Unit Cost Metrics.
    8. Select the fiscal period in the Generate Unit Cost Metrics pop-up that appears.

      The engine has run the allocations already for the fiscal periods that appear in the list.

    9. Click OK.
    10. To see the unit costs, navigate to Financial Modeling > Cost Model Lines > Unit Costs.

      The unit costs are generated and populated in the Unit Cost table. The unit costs are generated for all the filtered accounts of the Unit Cost Segment in the Unit Cost Account column of the unit cost table.

      Enabling Include Bucket Info check box gives you a visibility of the amount coming from different buckets. You can track the bucket-wise unit cost in the bucket and sub-bucket columns 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.

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    Release version
    Choose your release version

      Generate unit costs

      • Save as PDF Selected topic Topic & subtopics All topics in contents
      • Unsubscribe Log in to subscribe to topics and get notified when content changes.
      • Share this page

      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 financial modeling application.

      Before you begin

      Role required: cost_transparency_admin or cost_transparency_analyst

      Procedure

      1. Navigate to Financial Modeling > Cost Models > All.
      2. To associate the unit cost metric to a segment or an account of a segment of the cost model, click open a cost model.
      3. Click the Unit Cost Metrics related list.
      4. Click New.
      5. On the form, fill in the fields.
        Table 1. Unit Cost Metrics form
        Field Description
        Cost Model Cost model from the list.
        Unit Cost Segment The cost model segment for which the unit cost is to be generated.
        Unit Cost Metric Unit cost metric that has been defined in the consumption/weight table.
        Unit Unit of measure for the unit cost.
        Transactional table Segment transactional table, which cannot be edited.
        Include Bucket Info Option to enable the bucket information in unit costs.

        By default, Include Bucket Info flag is set to False. If the flag is true, then the bucket information is populated in the bucket column of the Unit Cost [itfm_unit_cost] table.

        Unit Cost Accounts filter Accounts filtered based on a criteria.

        Unit costs are generated only for the filtered accounts.

      6. Click Submit.
      7. Select the unit cost metric and click Generate Unit Cost Metrics.
      8. Select the fiscal period in the Generate Unit Cost Metrics pop-up that appears.

        The engine has run the allocations already for the fiscal periods that appear in the list.

      9. Click OK.
      10. To see the unit costs, navigate to Financial Modeling > Cost Model Lines > Unit Costs.

        The unit costs are generated and populated in the Unit Cost table. The unit costs are generated for all the filtered accounts of the Unit Cost Segment in the Unit Cost Account column of the unit cost table.

        Enabling Include Bucket Info check box gives you a visibility of the amount coming from different buckets. You can track the bucket-wise unit cost in the bucket and sub-bucket columns 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.

      Tags:

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