Set costing rules

Article • 4/27/2026 • 2 min read

You can set costing standards for recording costs in your company.

To set costing rules

  1. Prepare to set costing rules:

    • Open the Production (CSPROD) page.

      1. Select Utilities > Company Setup > Module Setup > Production.

      Or

      1. Search for CSPROD in the Navigation box and then select Production.

      The Production (CSPROD) page appears.

    • Make the necessary changes.

    • Click the Material/Costing tab.

  2. Click the Inventory Costing Method dropdown and select the costing method for inventory transactions.

  3. Click the Inventory Costing Reference dropdown and select one of the following costing references for the inventory costing method. Made2Manage uses this method to cost all items in inventory.

    • Weighted Average

    • Last Actual

      When you select this option Last Actual then the check box Update Last Actual Cost When Rolling Reference Cost appears. If you select this check box, both the Reference Last Actual Cost column and the Last Actual Cost on the Costs tab in the ItemWhen Rolling Master (INV) page are updated when you roll up the reference cost on the Inventory Cost Roll Up (CRUP) page. If you do not select this check box, the Last Actual Cost will not be updated; only the Reference Last Actual Cost column will be updated.

    • Current Rolled

  4. Click the Estimates Costing Methods dropdown and select the costing method for estimates for quotations, sales orders, and job orders.

  5. Click the Order Costing Method dropdown and select the method of order costing.

  6. On the Toolbar,click Save.

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