Creating cost models

Cost models pertain to a fixed structure of cost elements that can be applied to multiple style records. Define cost models in the application and then associate them later on to the costing of a style record.

You can add cost elements to your cost models in two ways:

  • Create cost elements on the cost model details page.
  • Add cost elements from the Cost Element library.
  1. From the menu select Basics > Cost Model.
  2. Click New.
  3. Specify this information:
    Code
    Specify a code for the cost model.
    Name
    Specify a name for the cost model.
    Status
    Select a status from the list.
    Currency
    Select a currency from the list.
    Description
    Optionally, provide a description for the cost model.