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Item Raw (Base) Cost

 

 

 

The raw cost or base cost is the most basic level of cost for an Item. It should be based on the items unit so the quantity will be used correctly. For instance, 100 Square Feet times 1.50 where 1.50 is the raw cost. Do not add taxes here as you will want to add them in the Markup List for all similar items.

 

If you change this amount while in a bid, it will set the Modified Cost Flag to "Yes". This very powerful feature is done so if you later update this Item from the Price Book, you can choose to keep the cost as it stands or update it from the Price Book.

 

The Total Raw Cost on the Form, is the sum of all the Raw costs.

 

While in an item's Cost Code field, entering a Code automatically pulls the amount from the Cost Table into the raw cost $ field. However, if you enter a cost into the cost field, it automatically deletes any existing Cost Table number.

 

See Also:  Cost Type List, Markups, Markups, Bid Item List,Bid Item Form, Cost Table


 

 

 

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