Cost Management > Create Cost Plan
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Create Cost Plan
Create a Cost Plan
Use Cost Plan by Site Maintenance (30.15.1) to enter the site and start date specifying when the cost set will be active. The figure above shows a cost set created to plan for an anticipated labor rate increase beginning January 1, 2011.
Recording these planned cost changes does not affect GL costs until you run Cost Plan by Site Update (30.15.3) on the exact date the change is to become effective. Until this date, these new costs are used by planners on costed MRP Summary Report (22.19) and Master Schedule Summary Report (23.14).