Can I Create Nested or Hierarchical Cost Categories?
Yes, you can create hierarchical relationships among your cost categories by using Cost Category as a dimension to select other categories when defining a cost category.
Suppose your enterprise comprises several departments (Group1, Group2, and Group3), with each department itself containing multiple teams (G1team1, G1team2, G1team3, G2team1, G2team2, G2team3, G3team1, G3team2, and G3team3).
Procedure
- Create a cost category (GroupTeam) and define rules (G1team1, G1team2, G1team3, G2team1, G2team2, G2team3, G3team1, G3team2, and G3team3).
- When you create a cost category (Group):
- Click Add rules and create a rule named Group1. Set the values of GroupTeam to G1team1, G1team2, and G1team3.
- Click Add rules and create a rule named Group2. Set the values of GroupTeam to G2team1, G2team2, and G2team3.
- Click Add rules and create a rule named Group3. Set the values of GroupTeam to G3team1, G3team2, and G3team3.
Cost Categories FAQs
- What Is a Cost Category and How Does It Work?
- When Do I Need to Create a Cost Category?
- What Does It Mean by Using Existing Rules for a Cost Category?
- What Is the Default Category?
- Can I Create Nested or Hierarchical Cost Categories?
- What Are Splitting Rules?
- Can I View Cost Splitting Results on Cost Analysis and Budget Management Pages?
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