To add department-level costing in Oracle HCM, follow these steps:
1. Navigate to Setup and Maintenance:
- From the Home page, go to Setup and Maintenance under Tools.
2. Search for Manage Departments:
- In the search bar, type “Manage Departments”.
- Select the Manage Departments task from the search results.
3. Select the Department:
- Find the department for which you want to assign costing.
- Click Edit to access the department’s details.
4. Navigate to Costing:
- In the Edit Department page, find the Costing section.
- If you don’t see a direct costing section, go to the Department Details and look for a tab or section related to Costing or Accounting.
5. Define Costing Information:
- In the Costing section, enter the required details:
- Cost Center: Choose the cost center or department to which the costs should be assigned.
- Account Combination: If needed, enter the full accounting combination (like company, department, account, etc.).
- Percentage: Allocate the cost percentage for the department. If there are multiple cost centers, you can split costs accordingly.
6. Effective Date:
- Enter the Effective Start Date for the costing. This determines when the costing configuration begins.
- If this costing rule will expire or change in the future, you can also provide an End Date.
7. Save and Close:
- After entering all the required costing details, click Save and Close to finalize the department-level costing.