Under the Costs tab you can register or delete cost types.
These cost types can then be selected for a project type under the Default values tab, as well as when registering a new project under the Budget tab in the Register Project procedure. You can register an optional number of costs.
The cost type is used as a classification and selection term in the Project Summary procedure. The most common costs that frequently occur in the project management should be registered with individual numbers.
The cost types Material, Subcontract and Work are predefined and can not be deleted. It is also not possible to change the Name for these cost types. The Material cost can be loaded from Accounting, Manufacturing or Purchase. If you choose to load cost from Manufacturing you can also select price valuation based on Planned/Reported or Current.
Costs for Subcontract and Work can be loaded from the Accounting or Manufacturing.
Own cost types that you register can load data from the accounting or the Register Project Costs Directly procedure.
Name
In the Name field you enter a name for the cost type.
Price
In the Price field you can enter a fixed cost per unit and cost type.
Unit
In the Unit field you enter the unit for the cost type.
In the Print column you enter whether or not a cost should be shown in project reports that are loaded in the Project report tab in the Register Project procedure.
Load from
For the cost types Material, Subcontract and Work you can here select from where the cost should be loaded. For Material you can choose between Accounting, Manufacturing and Purchase. For Subcontract and Work you can choose between Accounting and Manufacturing.
Price
If you have determined that cost type Material should load its cost from the Manufacturing you will here select price type. That is, if the cost should be valuated based on the Planned/Reported material price or the Current material price. Read more about these two price types in the help section for the Post-Calculation procedure in the Manufacturing module.
The default price alternative for price type Current is according to the setting P-parts price alternative during order registration and reporting, under Order under the Manufacturing tab in the Settings procedure. It is normally the Standard price.
For companies that do not have prices during order registration/reporting, the follow-up of the projects material costs is made easier if they are valuated to Current price.