Display Project Item Costs

When you click Inventory and Branch, select an item, and then click Item costs in the Project Maintenance (PSM) program, you can display an item's cost record.

The program displays these fields:

Field Name	Displays
Project type	New: New item for this project Prj: An item from another project or an ECO Std: Item exists in your database
Project number	The number of this project
Item number	The selected item number and description
Branch	The branch for this project

The program displays these standard costs:

Field Name	Displays
Material	Cost of the raw material and components that make up this item
Labor	Cost of the work performed to manufacture this item; a parent item includes the labor costs for lower-level subassemblies
Overhead	Cost incurred in the operation of the business that are applied to this item
Service	Cost of outside services incurred in the manufacture of this item
Total unit cost	Material + Labor + Overhead + Service; usually called standard unit cost

The program also displays these fields:

Field Name	Displays
Cost differential	The cost differential that your company uses; this field is not used by the system, but you can use it in custom reports
Loaded cost	The cost that may include the item's actual or average cost plus an adjustment, such as a percent of overhead; can be used as a basis for pricing
Base year cost	The baseline cost you can compare with other costs
User defined cost	The cost your company tracks; this field is not used by the system, but you can use it in custom reports
First rcvd cost	The cost of the first unit you received. This field is not used by the system, but you can use it in custom reports
First recvd date	The date on which you received the first unit. This field is not used by the system, but you can use it in custom reports
Average cost	The average unit cost of the item. For new project items, this field will be zero. If you selected the Update actual and average costs? option in the System Options Maintenance (XM) program (Inventory Control Options), the system updates this field. If you did not select the Update actual and average costs? option, you can click Other cost to update this field manually.
Actual cost	The most recent unit cost of the item. For new project items, this field will be zero. If you selected the Update actual and average costs? option in the System Options Maintenance (XM) program (Inventory Control Options), the Receiver Maintenance (IRC) or Receiving and Inspection (IRI) program updates this field for purchased items. For manufactured items, the Manufacturing Order Close (MJC) program updates this field. If you did not select the Update actual and average costs? option, you can click Other cost to update this field manually.
Declared value	The item's declared value for shipping purposes
Incr matl cost	For a component, the material cost this item For a parent, does not include the material cost of components or subassemblies
Incr labor cost	For a parent, the labor cost to produce
Incr ovhd cost	The overhead cost assigned to this item
Incr OS cost	The outside service cost for this item
Overhead code 1 - 4	Codes that identify the type of overhead cost for this item
Taxability 1 - 10	The taxability type: Y: The taxing authority applies N: The taxing authority does not apply I: The tax is included in the price Note These fields may have different labels based on the Tax type description 1 - 10 options in System Options Maintenance (XM) program (Enterprise options). A label of Unassigned means no tax type exists for the field.

Choose the appropriate options:

To	Do This
Return to branch item record	Click OK.
Display notes	Click Notes and click the type of note you want to display. See Display Notes.
Enter vendor item pricing	Click Vend price. See Enter Vendor Pricing for a Project Item.
Exit and return to the menu	Click Quit.

Choose the appropriate options when you click OK:

To	Do This
Accept the data	Click OK.
Exit without changing this item	Click Cancel.
Update the record	Click Apply.
Display additional fields	Click Other info.
Enter notes for this item	Click Notes. See Enter Project Item Notes.
Display a graphic of this item	Click View image. Click Close to remove the image from the display.
Display fields for this item selected when you clicked Inventory and then Item	Click Settings. Click Close to remove the data.
Display the item cost record for this item	Click Item costs. See Display Project Item Costs.

Choose the appropriate options when you click OK or Cancel:

To	Do This
Display the selected item	Click Select.
Display items from a specific item number	Click Restart. The program prompts Item number and Branch. Enter the first item you want to display or leave blank to begin the display with the first item in the file.
Print the item listing	Click Print. See Print.
Display the previous set of records in the file	Click Page up.
Display the next set of records in the file	Click Page down.
Exit branch item records	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 fields

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.
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 transferred customer project.

Accept the data and exit

Click OK.

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