To calculate a Cost Estimate for an extension period, create a Cost Estimate for the extension period if the focus if on the additional costs only. Because the assignment start date on the Assignment record remains unchanged, some manual manipulation of the Cost Estimate Wizard will be required as outlined below.
Steps to create a new cost estimate for the extended period:
1. On the Cost Estimates screen, select a template from the Template drop down menu and click [Create].
2. Review input values on the General Info tab and click [Save & Next >>] to navigate to the Calculations Inputs tab. On this tab, make changes to Additional Inputs for custom calculations as needed. Click [Save & Next >>].
3. On the Line Items tab, change the Number of Columns to reflect the extension period. For example, if the extension is for 12 months, choose 1 from the drop down menu then click [Save].
4. After the desired columns are displayed, review and change the Months in Host, Host Work Days and Home Work Days values to reflect the extension period, as needed. Update costs as needed. First year costs which are not applicable may be defaulted. To override a custom calculation, uncheck the Calculate box and clear the displayed values for the line item. After review and edits, click [Save & Next >>].
5. On the Tax Calc Inputs tab, change Assignment Duration (in Months) field to include the extension period. If needed, change Calculate Social Taxes? and other tax positions.
Use the Help feature
beside the tax position inputs to evaluate tax positions remain eligible for the extended assignment. After review and edits, click Click [Calculate Taxes & Next >>] to save the changes.
6. On the Review & Reports tab, generate required report to review the calculated extension costs.
