Equipment item 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 Item Rates. The Customer/Equipment Item Rates add screen appears.
7. Fill in the fields as required.

   Itemis the part that the rate is to be charged for. You can right-click in the field and select Prompt to select the item from a list.

   Rate Typeis the type of rate to 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 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.

   Item Rateis the rate to be charged to the customer for the specified item on this unit, to 2 decimal places.

   Discount %is a discount percent to be provided on the item for the unit, if applicable.

8. Click Enter to save the rates.

What next?