Outsource standard costs are recorded with Standard Costs option located under Outsourcing browser > Attached Records menu. Standard outsource costs are saved by selecting Organizational Unit and Period. New standard cost information is saved by opening a new empty line. Standard costs, which are specified on Cost Period basis, are considered when calculating planned costs of the activity. When calculating activity cost, the planned costs of outsourced asset and outsourced employee are also considered, and they can be monitored separately in Project Costs window.
Organizational Unit/Division: The code of organizational unit / division - for which standard cost amount will apply - is selected. It lists the existing units, and the relevant definition is selected.
Period Code / Description: The period of the standard cost amount is selected. Periods are recorded with System Settings module > Definitions > Asset Management > Periods option.
Sub-Period: The sub period - for which standard cost will apply - is selected. It lists the existing sub periods, and the relevant period is selected.
Unit Cost: It is the unit cost amount that will apply for the specified organizational unit and period.
Unit Cost (RC): It is the unit cost amount in reporting currency that will apply for the specified organizational unit and period.
Reporting Currency Exchange Rate: It is used to enter exchange rate value of reporting currency.
"Calculate Planned Costs" option that is located under Projects browser > right click menu is used to calculate the standard costs of outsourcing.