Category identifies a grouping of items, e.g. fluids, for which the rate will apply. You can right-click in the field and select Prompt to select the category from a list.
Category Rate is the rate to be charged for items in the specified category, to 2 decimal places.
Rate Type identifies how the rate will be applied. You can right-click in the field and select Prompt to select the rate type from a list. Valid values are:
- fixed - a dollar amount regardless of the actual costs. (This type can be used with the labor cost type.)
- 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 the 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.
Disc % is a percentage discount offered. It is optional.