Recost and Update Project and Production Templates

As pricing changes for products and tasks over time, the line item pricing on project and production templates will not get updated automatically to prevent incorrect pricing being applied due to errors. Re-costing project and production templates updates the templates with the current task and product's pricing and other options to ensure the template's forecast profitability is accurate.

• Recosting All Templates
• Recosting Individual Templates

Recosting All Templates

Click the Actions button to display your template recosting options.

• Recost all Templates - Update all project and production templates with the current task and product details and pricing  matching on task name and product SKU
• Recost All Template w/ Options - Control exactly what is being updated on all project and production templates. For example, you would use this option if you use different or custom product names etc on your templates and you do not want it updated with the default name.

Note:  The recosting templates with options function is a background service which is run periodically (usually within 10-15mins).  Selected options are not updated immediately.

Recosting Individual Templates

You can re-cost individual templates from the template's details page by clicking Recost Template.

NOTE: Updating costings on your templates is only changing the forecast costs applied to a project from the template. Actuals accrued on a project or production job, (timesheets, stock usage or purchase orders) will always be the current FIFO landed cost or base rate.