Update Prices and Rates in Budget (tpptc1205m000)
Use this session to globally update purchase prices/rates and standard cost/rates in the actual budget.
The current prices/rates are replaced by the latest ones.
If prices are dependent on quantities, the total quantity by cost object is determined from the budget structure.
Only the prices and rates that have not yet been finalized in the actual budget are updated. You can limit the update to budget lines with a selected cost-type.
If the Log History of Budget check box in the Project Budget Parameters (tpptc0100s000) session is selected, the session creates a history budget line for every budget line it updates.
Changed prices and rates are printed.
Field Information
- Budget Type
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The nature of the actual budget.
- Budget Material Lines
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If this check box is selected, budget lines with a material cost-type are updated.
- Budget Labor Lines
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If this check box is selected, budget lines with a labor cost-type are updated.
- Budget Equipment Lines
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If this check box is selected, budget lines with a equipment cost-type are updated.
- Budget Subcontracting Lines
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If this check box is selected, budget lines with a subcontracting cost-type are updated.
- Budget Sundry Cost Lines
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If this check box is selected, budget lines with a sundry costs cost-type are updated.
- Update Purchase Prices/Rates
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If this check box is selected, purchase prices/rates are updated with the Price Policy set to Purchase Price in the Item - Project (tppdm0105s000) session.
Note: The Price policy can also be maintained for Equipment and Subcontracting. - Update Unit Cost/Rates
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If this check box is selected, unit costs/rates are updated with the Price Policy set to Standard Cost in the Item - Project (tppdm0105s000) session.
Note: The Price policy can also be maintained for Equipment and Subcontracting.