---
alias: user-guide-manage-costs
description: "This documentation outlines the process for defining and updating step costs within a system"
---

# Manage Costs

:lock: Step.**Edit**

## Overview

This operation is used to define the **Step** costs.

## Setup

No specific setup is required other than to meet the precondition of the transaction.

## Preconditions

* The Costing module is properly licensed in the system.

## Sequence of Steps

### Step 1: Manage Costs

If the **Costing** module is properly licensed in the system, the **Costs** tab will be enabled on the right-hand sidebar and you will be able to define the **Step** costing information.

1. Optionally, modify the **Step** costs from the following available options:

      * **Step Standard Costs**
          * Step Standard Fixed Cost - fixed costs of using the **Step**.
          * Step Standard Cost Per Unit - costs per processed unit in this **Step**. It should not include resource (machine) costs.
          * Step Standard Cost Per Hour - costs of this **Step** per hour.
      * **Resource Standard Costs (Forecast)**
          * Resource Standard Fixed Cost - fixed costs of using this **Resource**.
          * Resource Standard Cost Per Unit - costs per processed unit using this **Resource**. In principle, exclusive with *Resource Cost per Hour* but can be complementary.
          * Resource Standard Cost Per Hour - costs per hour of using this **Resource**. In principle, exclusive with *Resource Cost per Unit* but can be complementary.
      * **Labor Standard Costs (Forecast)**
          * Labor Standard Costs Per Hour - costs per hour of using a **Resource** in this **Step** by a member of the labor force.

2. Select **Update** to complete the operation.  

![manage_step_costs][manage_step_costs]

[manage_step_costs]: images/manage_step_costs.png