Change Costs for a Project Item

When you click Inventory and then Item cost in the Project Maintenance (PSM) program, you can enter and change costs for a project item. See Background and Road Map for more information.

The program displays these fields for each item:

Field Name	Displays
Item number	The item number
Type	New: New item for this project Prj: An item from another project or an ECO Std: Item exists in your database
Project	Project number
Br	The number of the project branch
Standard cost	The standard unit cost for this item If you entered vendor pricing for a project component, when you click Roll up its standard cost is the unit price for the lowest quantity estimate. For example, suppose that the vendor's unit price breaks are: 9.75 for 1000 9.50 for 2500 9.25 for 5000 Suppose also that you enter project quantities for 2500 and 5000, but not for 1000. When you click Roll up, the component's standard cost will be 9.50, which is the unit price for 2500, the lowest quantity estimate. If you had entered a project quantity for 1000, the component's standard cost would be 9.75. The standard cost for the new parent item uses the unit price for the last quantity estimate. Therefore, the standard cost of all the components may not equal the standard cost of the parent. In this example the unit price for the last quantity estimate is 9.25.
Base year cost	The baseline cost you can compare with other costs
Last CRU	The date of the last cost rollup for this item
Vend price	The item's purchase price from the vendor or Project displays if the item is manufactured

Select the item for which you want to change cost data and click Select.

Note
If you copied the item from your database, you cannot change its fields.
Enter the correct data. See Enter Costs for a Project Item for field descriptions.
Choose the appropriate options:

To	Do This
Accept the data and exit this item	Click OK.
Exit without changing this record	Click Cancel.
Enter or change notes	Click Notes. See Enter Notes for Items or Change Notes.
Enter vendor pricing	Click Vend price. See Enter Vendor Pricing for a Project Item.

Choose the appropriate options when you click OK or Cancel:

To	Do This
Display the selected item	Click Select.
Print the item listing	Click Print. See Print.
Exit Item Cost Maintenance	Click Exit.

Choose the appropriate options when you click Exit:

Do This

Change a field

Click Modify.

Delete this project

Click Delete. The program prompts Do you want to delete this record?. Click Delete to delete this entire project or click No to retain this project.

Exit without creating this project

Click Cancel.

Display additional information

Click Other info.

Enter notes for this project

Click Notes. See Enter Notes.

Enter an item, its branch information, and costs

Click Inventory and then:

Click	To enter a/an
Item	Item record. See Enter an Item for a Project.
Branch	Branch record. See Enter Branch Information for a Project Item.
Item cost	Cost record. See Enter Costs for a Project Item.
Back	End this action.

Enter quantities, profit, commission, and discount percents

Click Proj qtys. See Enter a Project Quantity.

Enter a bill of material

Click BOM. See Enter a Project Bill of Material.

Enter a routing

Click Routing. See Enter a Routing.

Enter a new customer

Click Customer. See Enter a New Customer.

This button displays only if you entered a new customer in the Customer number field.

Enter miscellaneous costs

Click Misc costs. See Enter Miscellaneous Costs.

Calculate costs for project quantities

Click Roll up.

Display the project and unit costs for project quantities

Click Summary. See Display a Project Summary.

Print documents for this project

Click Print and then:

Click	To print a project
Customer	Estimate for this customer. See Print or Reprint a Customer Project Estimate.
In-house	Summary for your use. See Print Project Summaries.
Cost report	Material cost report for your use. See Print a Project Indented Cost Report.
Back	End this action.

Transfer this project to your database

Click Transfer. See Transfer a Project.

Close this project

Click Close proj. See Close a Project.

Display the sales quote generated by this project or the sales order line if the sales quote has been transferred

Click Order. See Enter a Sales Quotation or Display a Summarized Sales Order.

This button displays only for a customer project you have transferred to your database.

Accept the data and exit this project

Click OK.

When you click OK or Cancel, enter another project number or exit the program.