Cost Items

Definition

In Personnel Cost Planning the different categories of costs that contribute to the cost of maintaining a staff - for example, wages, salaries, or employer contributions to pension plans - are called cost items.

Structure

Cost items are based on one of the following sources of information:

  • Wage elements, set in Personnel Planning

  • wage types, set in Personnel Administration

Integration

The source of information you use depends on which of the following types of costing scenario you are using:

  • Projected pay

  • Basic pay

  • Payroll results

If you work with projected pay scenarios, cost items are based on wage elements. If you work with basic pay or payroll results scenarios, cost items are based on wage types, and possibly wage elements.

Note Note

The wage elements in Personnel Planning and wage types in Personnel Administration are not affected by any work you do in Personnel Cost Planning.

End of the note.

See also:

Wage Elements