Cost Templates

The Cost Template defines how the manufacturing cost of an item is calculated by grouping different cost components. It acts as a predefined costing structure for each work centre type and is automatically applied when jobs are in progress, helping ensure consistent cost calculation, reduced manual effort, and better visibility into manufacturing expenses.

Create Cost Template

To create a cost template,

• Click the Gear icon in the top right corner.
• Scroll down to Module Settings.
• Under Manufacturing, click Cost Templates.
• Click Add Cost Template in the top right corner.
• Enter a Name for the cost template.
• Enter the Cost Name.
• Choose the Cost Type:
  • Fixed: A constant cost applied per job.
  • Hourly: Cost calculated based on time spent.
• Enter the Rate for the selected cost type.
• Select the appropriate Cost Account for the cost.
• To add more costs, click + Add Cost Item.
• To delete any cost name details, click the Trash icon near the Cost Account.
• Click Save.

Other Actions

Edit

Use this option to update or modify the details of an existing cost template.

To edit an existing cost template: To edit the exsisting work center:

• Click the Gear icon in the top-right corner of the home page.
• Scroll down to Module Settings.
• Under Manufacturing, click Cost Template.
• Hover on the cost template you wish to edit.
• Click Edit.
• Make the require changes and click Save.

Delete

Use this option to permanently remove an existing cost template that is no longer required.

To delete a work center:

• Click the Gear icon in the top-right corner of the home page.
• Scroll down to Module Settings.
• Under Manufacturing, click Cost Template.
• Hover over the work center you want to delete.
• Click Delete.
• Confirm your action by clicking Delete in the confirmation pop-up.