New Estimate

Estimates are where costings are made to the detail level and can be entered by the following types:

• Inventory - inventory items both physical and non physical. Cost is the Last Cost from the inventory record and can be changed in the estimate
• Labour - hours/days for people on the job
• Resource - costs for items set-up as a Resource
• Journal - costs posted directly to a General Ledger account i.e. cost recovery
• Purchase - of inventory items both physical and non physical from suppliers
• Cash Book - payment for non inventory items and services ordered from suppliers

An active Estimate can be converted to a cost with the exception of the types Purchase and Cash Book which have to be created manually and the relevant job cost codes attached.

Steps

1.	Job Costing Transactions Estimates
2.	Click New and select Job Number from the search window
3.	Line Type - select the appropriate type e.g. Inventory , Labour, Resource etc.
4.	Job No. - select from the search window or type in the full code
5.	Item No - select from the search window attached to the field that changes depending of the Line Type selected
6.	Transaction Date - defaults to the current login date. Change as required
7.	Quantity - enter required value
8.	Change Unit Cost, Mark Up % and Unit Charge as required
9.	Repeat steps 2 to 8
10.	Save when complete

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