Use Cost Class F/M to enter cost classes used for creating cost contracts. The Cost Class is specific to a Vendor.
Using Cost Contract Entry (POE510), you can create cost contracts for items from a vendor that are in a specific cost class.
Access this program by choosing Purchase Orders -->File Maintenances --> Infrequent File Maintenances -->Cost Class F/M.
1. Cost Class
Enter up to three characters to create a cost class. If this code already exists in the system, the corresponding description appears.
If the code doesn’t already exist, FACTS asks if you want to create a new cost class. Select OK.
Press F2 or to search existing cost classes.
2. Description
Enter up to 30 characters for the cost class description.
For more detailed information on file maintenance programs, consult the following topics.