Calculate
Explanation
Use this activity to calculated costs, contingency and markups for an item,
version or all the versions of an estimate. The costs inherited from part cost
are not re-calculated in cost calculation but any insecurities added on
inherited costs are added and rolled up to the parent level during calculation.
Prerequisites
- Default cost elements must be assigned for the estimate cost
types in Estimate Cost Type Connections window.
- The items should be active for the costs to be calculated.
- Currency conversion rates should exist in the estimate or in company
default currency rate type for the header currency (if the header currency
is different from default currency code of the company) and currencies that
used in purchase quotations.
System Effects
- As a result of this activity level and accumulated costs, insecurities and markups of the
items are calculated.
- Work center costs, labor class costs and currency conversion rates are
retrieved.
- Result logs are generated for potential issues in the cost calculations if
Generate Log option is selected for the calculation.
- Items will be set to Calculated status.
Window
Estimate
Related Window Descriptions
Estimate
Estimate Items
Procedure
- Right click on the Estimate window header, a top item or a specific item
- Go to Calculate option and click. Calculate dialog box is opened. Values selected by default vary based on
the location from which the dialog box is opened.
- Select All Top Items check box if you want to calculate for
all the top items. If you want to calculate for a specific item then clear
it and secure that this item is selected in the tree structure.
- Select All Versions check box if you want to calculate cost for
all the versions. If you want to calculate cost for a specific version then
clear it, secure that the requested version also is the selected version for
the estimate.
- Select Execute Online check box if you want to run the calculation online. If the check box is not selected a background job
is added for the calculation.
- Select Ignore Standard Lot Size check box if you do not want to
consider standard lot size in the calculation,
- Select Generate Log check box if you want to see the logs for
potential problems in cost calculation in the Log tab.
- Click OK.