Standard Cost by Project (tipcs3560m000)Use this session to display the standard cost by project. Note If you have started this session by zooming, you can only find and select a record.
Project A collection of manufacturing and purchasing actions that are performed especially for a particular customer order. A project is initiated to plan and coordinate the production of these items. For a standard-to-order production, the project is only used to link the item with the customer order. Otherwise, a project can include:
Project Type This field indicates whether the project is a main project, a subproject, a single-level project or a budget. Currency The currency in which amounts are expressed. Project Status Indicates the project progress. Cost Component User-defined category for costs used to break down the product's standard cost. The costs are allocated to the cost component. Budgeted Amount Variable The variable part of the budgeted costs which have been posted to the relevant cost component, when the estimated cost is being calculated for the project. These costs are operation costs, material costs, etc. Note During the standard cost calculation for the project, the budgeted costs are loaded directly from the budget calculation. Budgeted Amount Total The budgeted costs which have been posted to the relevant cost component, when the estimated cost is being calculated for the project. These costs are operation costs, material costs, and so on. Note During the standard cost calculation for the project, the budgeted costs are loaded directly from the budget calculation. Estimated Amount Variable The cost which is posted to the relevant cost component for estimated operation costs, material costs, etc., during the standard cost calculation for a budget. Estimated Amount Total The cost which is posted to the relevant cost component for estimated operation costs, material costs, etc., during the standard cost calculation for a budget. Actual Amount Total The amount that you entered as actual costs for the acquisition of the customized item. These costs are posted to the relevant cost component, when LN calculates the actual standard cost for the item. Cost Component Type Defines the elements that make up the standard cost and the valuation price. Cost component types indicate the type of costs that must be posted to a cost component. Budgeted Number of Units The budgeted number of product units, not to be confused with units as yards and kilograms. Estimated Number of Units The estimated number of product units, not to be confused with units as yard and kilograms. Actual Number of Units Actual number of product units, not be confused with units as yards and kilograms.
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