Cost Code

Identifies a step, phase, or type of activity within a job, for example, site work, earthwork, paving, landscaping, and so on. The cost code is the subsidiary in a general ledger account.

Note. A subsidiary is optional for a general ledger account, however, the cost code is required for each job cost detail account.

Cost Type

Identifies a cost category within a cost code, such as labor, materials, equipment, and subcontracts. It can further divide a cost category into subcategories, such as regular time, premium time, and burden for labor. The cost type is the object in a general ledger account.

Job

Identifies a separate entity within a business for which you want to track costs. A job is a specific type of business unit that is structured for tracking and reporting costs by cost type. The system stores jobs (as a business unit) in the F0006 table.

Job Type

Enter this user defined code (00/MC) to group similar jobs across different projects.

LD, LOD, Level of Detail

Enter a level of detail to each new job that you add and to each account that you add.

The level of detail is a number that you use to summarize and classify accounts in the general ledger. Level 9 is the most detailed and Level 1 is the least detailed. Levels 1 and 2 are reserved for company and job totals. Levels 8 and 9 are reserved for job cost posting accounts in the JD Edwards EnterpriseOne Job Cost system.

Examples of the other detail levels are:

3: Assets, Liabilities, Revenues, Expenses

4: Current Assets, Fixed Assets, Current Liabilities

5: Cash, Accounts Receivable, Inventories, Salaries

6: Petty Cash, Cash in Banks, Trade Accounts Receivable

Do not skip levels of detail when you assign a level of detail to an account. Nonsequential levels of detail cause roll up errors in financial reports.

As search criteria, enter the level of detail to select the accounts to display on the form. The system rolls up the accounts to provide a summarized total based on the level of detail that you enter. For example, if you enter 5 as the level of detail, the system displays only those accounts that are at a level of detail between 3 and 5. The system rolls up the lower levels of detail (6 through 9) into the account at level of detail 5 and displays summarized values.

PE, Posting Edit, Posting Edit Code

Post transactions to the general ledger for the job or business unit. The system stores posting edit codes for accounts in user defined code table H00/PE, and for jobs in 00/PF.

Project

Enter this number to group jobs under one common business unit. In this case, the project business unit can also have accounts for tracking overhead costs that can be allocated to jobs. A project will have more than one job assigned to it.