Equipment category rates

1. At the Asset Management main menu, select Equipment | Equipment. The Display Equipment screen appears.
2. Right-click on the unit and select Display. The Display Equipment screen appears.
3. Click PriceBk . The Customer/Equipment Price Book display screen appears.
4. Click Change . The Customer/Equipment Price Book change screen appears.
5. Right-click on the effective date of the price book to be changed and select Change. The Customer/Equipment Base Rate change screen appears.
6. Right-click on the cost type and select Cat Rates. The Customer/Equip Item Cat Rates add screen appears.
7. Fill in the fields as required.

   Categoryis the item category the rate will apply to. You can right-click in the field and select Prompt to select the category from a list.

   Rate Typeis the type of rate to apply. You can right-click in the field and select Prompt to select the rate type from a list. Possible values are:
   - fixed - a dollar amount regardless of the actual costs
   - margin - a margin is applied: invoice amount = cost / [1 - rate]
   - markup - a markup is applied: invoice amount = cost * rate
   - per hour - a rate per labor hour
   - percent of labor
   - flow through - invoice amount is the same as the cost amount
   - markup PO price - markup the part based on PO price instead of the average cost. The cost from the PO directly linked to the work order will be marked up. If the part is not linked to a work order, the last purchased cost for the item at the warehouse will be used. If this value is not found or is zero, the average cost from the associated requisition line will be marked up.

   Category Rateis the rate to be charged for items in the specified category, to 2 decimal places.

   Disc %is a percent discount to be applied to the rate, if offered.

8. Click Enter to save the rates.
9. Click Change . The Customer/Equip Item Cat Rates change screen appears.
10. If an item category will have different rates depending on the manufacturer, right-click on the category and select Mfg Rates. The Customer/Equip Cat/Mfg Rates add screen appears.
11. Fill in the fields as required.

    Item Mfgis the manufacturer of the item category that the rate will be charged for. You can right-click in the field and select Prompt to select the manufacturer from a list.

    Rate Typeidentifies what type of rate will be used. You can right-click in the field and select Prompt to select the rate type from a list. Possible values are:
    - fixed - a dollar amount regardless of the actual costs
    - margin - a margin is applied: invoice amount = cost / [1 - rate]
    - markup - a markup is applied: invoice amount = cost * rate
    - per hour - a rate per labor hour
    - percent of labor
    - flow through - invoice amount is the same as the cost amount
    - markup PO price - markup the part based on the PO price instead of the average cost. The cost from the PO directly linked to the work order will be marked up. If the part is not linked to a work order, the last purchased cost for the item at the warehouse will be used. If this value is not found or is zero, the average cost from the associated requisition line will be marked up.

    Mfg Rateis the rate to be charged for items in the category when the item is made by the selected manufacturer, to 2 decimal places.

    Disc %is a discount percent to be provided, if offered.

12. Click Enter to save the rates.

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