Actions for Estimated Additional Cost

On the ribbon of the Estimated Additional Cost page, there are a few actions that users need to be familiar with.

Update Estimated Costs

Click Costs > Update Estimated Costs. This action updates the calculations with respect to changes in quantity and value that may have taken place since the cost was last calculated, and recalculates cost on the page. If the presumptions of the quantity or price change in the agreement lines, the cost lines will automatically become an italic-red font, which indicates that the calculations of estimated costs need to be updated.

Get Item Charges Template

When this action is selected then a list of predefined cost templates appears that the user can choose from. When a template is selected then the system fills in the cost lines automatically. Click Template > Get Item Charges Template.

Save to Item Charges Template

can be saved as a template that can be applied to agreements later.

Click Template > Save Item Charges Template.

From the the Estimated Additional Cost Template List, choose the New action to open the Template Setup.

Cost Analysis

When Estimated Costs have been defined and entered as described above, the user can view a Cost Analysis overview for the agreement and agreement lines.

The cost analysis can also be selected from the ribbon of an agreement. For more information, see Cost Analysis.