Extended and rollup costs

Each item can be assigned a cost if you have chosen to do so at your company. The cost you manually enter for an item is entered as an 'estimated cost' and should be the cost to purchase or manufacture one unit of the item in the currency specified for your division. If Upchain is connected to an ERP system, then instead the cost may represent the 'actual cost', as entered by the ERP system.

When items are selected in a change notice (CN), Upchain automatically calculates the extended cost for each item as:

R Qty x cost (estimated or actual)

The total rollup cost of all items selected in the CN are shown at the top of the extended cost column.

With fairly accurate costs, this can help you keep track of spending on your project, and you can build checks into your workflows to ensure the cost is below a certain amount or requires additional sign off above a certain level. Click here for more information on building workflows.