| # Contract Prices and Rates The contract price is the price defined for the goods or services to be received or delivered as per the contract agreement. The prices and rates for the contract are defined based on the cost objects such as labor, sundry costs, or material. Use the Specific Labor Rates (tcppl0192m000) session to create and maintain contract, project-specific labor and/or customer-specific rates. You can use the Contract Price Sundry Costs (tpctm0140m000) session to create and maintain sundry cost sales prices for the contract or contract line. You can maintain standard cost objects of the following cost types: Labor Materials Equipment Subcontracting Sundry Costs Overhead In each case, the recorded information includes details of: The control code and control function used for the cost object. The cost component used for the cost object. The cost price or rate and sales price or rate used for the cost object. Whether or not interim results are recorded by default for the cost object. Whether or not the cost object has an attached text. Material cost objects are treated differently: Use the Items - General (tcibd0501m000) session to set up material items. Use the Items - Project (tppdm0505m000) session to make material items available for use in projects or contracts. |