Costing an estimate

• Stock item costs are calculated in the following way:
• Standard costed items are always costed using the standard cost price of the item.
• Bought items, when Built/Bought Default Bought is selected for BOM details in the Stock record Details tab, use the list price or last order price (depending on the pricing source) of the preferred supplier. If there is no preferred supplier, the average cost price is used instead.
• Built items are costed, using the Built Item Costing Source setting on the Estimate settings General tab.
• Labour and machine costs are calculated, using the latest rate from the resource or resource group chosen.

• Other expenses are calculated, using the latest charge rate on the estimate type record.

Note: Non-stock, setup, tooling and subcontract costs are not recosted.