Note: This functionality can only be used if IBS Manufacturing is installed and activated and only for element lines with manufactured items for which an item structure exists.
Using this function you can calculate the cost of the project/quotation material and operation structure. The project product costing function does not include price information from the item structure defined in IBS Manufacturing. It is based on the product costing simulation and uses the prices entered in the project/quotation structure. See About project structures for more information about the project material and operation structure.
When the operation costs are calculated the set-up times are divided by the project/quotation phase line quantity. The project product costing also takes the material structure End std qty recalc field into consideration when calculating the material cost. If this field is set to YES for a material line, the system will stop the recalculation of the standard quantity at that level during the product costing.
Note: The End std qty recalc field cannot be viewed in the project structure. It is retrieved from the Basic data information in IBS Manufacturing when an item structure is copied to a project.
The cost price for the element line (Planned cost field) can be updated with the calculated cost when the product cost calculation has been made.
See About cost calculation in IBS Manufacturing for more information. The functionality is the same with the exception that it is only possible to view material, operations and equations on first level.
Enquiries and printouts
- Product costing enquiry: This enquiry is accessed from the Structure maintenance panel and displays the calculated cost for a specific item and structure.
- Product costing report