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The information entered in the Cost Periods window is the framework for accumulating and reporting costs. By entering start and end dates for each year and the periods within a year, you define how you want to report costs. The framework also provides for rolling period costs into months and monthly costs into quarters.
To Define Cost Periods:
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Click the Setup button on the TabWare Power Panel to open the Setup Power Panel window. |
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2. |
Click Cost Periods. |
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From the Cost Periods window, click Add Cost Periods for New Year. The New Cost Periods window opens. |
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Enter the new year or use the mini-scroll bar to select it. |
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Enter the number of reporting periods for the new year or use the mini-scroll bar. |
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Click OK from the New Cost Periods window. The Cost Periods window re-displays. |
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Optionally, change Start Date and End Date. |
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Optionally, change the individual cost period values for Start Date, End Date, Cost Month, and Cost Quarter. |
Note: As you enter an end date for each period, the system automatically displays the start date for the succeeding cost period.
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Enter a value for Equip Production Demand Hours. |
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Enter a value for Direct Hours for Maintenance. |
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Click OK after you have completed all the entries for the year. |
After costs have been posted to a cost period, TabWare does not allow you to change the dates, cost month, or cost quarter.