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Costing an estimate

You can recost estimatesForecast project costs, based on expected costs of labour, machinery and operation times. In Manufacturing, estimates are produced for one-off items or non-repetitive batches. if stock prices change.

Note: Changes made to an operation (either in the BOM or the Operations Register), after it was added to the estimate, are not taken into consideration during recosting.

To cost an estimate

Open: Estimating > Processing > Recost Estimate.

  1. Select the Estimate No. to recost from the drop-down list.
  2. Click OK.
  3. A confirmation message appears advising that existing costs will be overwritten.

  4. To recalculate the estimate cost, click Yes.

    The estimate is recosted.

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