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The Cost Object column shows the cost object for the cost incurred.
The Cost Element column column shows the object element to which the costs are being recognized are related. When creating the project cost estimates, you can choose from the following levels of details (analytics parameters): Departments, Business Activities, Cost Elements (such as labor cost Cost Elements can define labor cost as associated with a particular employee, material costs as cost of items, such as materials, stock items, or services, and Fixed Assets if you use depreciate special equipment or vehicles).
The Characteristic column indicates the characteristic of the item if cost element is Item and characteristics are used for this item.
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The Quantity column shows the quantity of the itemcost element.
The Unit Cost column shows the cost per UOM of the item cost element.
The Amount (Accounting Curr.) column shows the cost amount calculated in the accounting currency.
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The Expense item column shows the expense item to which the cost is related.
The Cost Element column shows the item, or employee, or fixed asset to which the cost is related.
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The Unit Cost column shows the cost per unit associated with the cost objectelement.
The Amount (Acct. Curr.) column shows the task to which the cost is related.
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