Plan and Actual at WBS Elements without activities

Hi Experts,
  I am in need of a small help from you. My scenario is like this:
I have equipments/material as WBS Elements( Level1,2...). I have no activities/materials.
I planned the costs using CJ40 and Budgeted using CJ30 and confirmed all the WBS Elements by entering actual dates for the same.
Now i want to see planned/actuals costs in report. When i checked in one standard report it is showing 0 for both planned and actuals.
I also want to have a brief step-by step procedure for Project with only WBS Elements, i.e., from Initiation to Settlement.
Can anyone please help me in this regard.
Thanks in advance.
Regards,
Suresh.D.

The following is in answer to
"I also want to have a brief step-by step procedure for Project with only WBS Elements, i.e., from Initiation to Settlement."
Most probable scenario would consist of following steps
Create PDef - Create WBS (either copying from template or manually) - Plan costs - Roll up planned costs - Budget (at top level) - Budget distribute - budget Release - WBS release - Post actual costs - run cost / revenue variance report - settle costs against the WBS - TECO project - Close Project.
I believe I haven't missed on any important aspect.
Would appreciate inputs from others in this effort.
Hope this information was useful.
Regards,
Pradyumna

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