This discussion relates to all pricing methods and uses the simplest method to explain the process required to calculate a Sell price.

To illustrate the use of Markup Percentages and how it affects the Sell price, we will:-

• add a Floor Standard with a width of 1000mm on our drawing,
• use the Linear pricing method,
• and nominate a customer that is using the Level 1 pricing schedule.

 

Tutorial

Step 1 Customer Pricing Schedule

The Sell price is determined using the Markup Level nominated for the selected customer when you start a new project/drawing.

• On the Job Setup > Client page the Pricing Schedule for the customer in this example is set as Level 1.
  • Select the customer using the drop list on the Customer Details form (click on image to view).
  • Note that the Pricing Schedule is nominated when the client is added to the Client table.

Job Setup > Client page  -  Click to Expand

 

Step 2 Enable Category and set Markup %

Ensure the Category is enabled to use the applicable pricing method and set the Level markups.

• In this example, enable the Linear pricing method and create a  value for the Level 1 Markup, in this example 40%.

Pricing > Pricing/Markups page  -  Click to Expand

 

Step 3 Costing

Depending on your pricing method, you need to create costing details - see Pricing Overview

• In this example, set the Linear Rates for Floor cabinets to $50

Pricing > Pricing/Markups page  -  Click to Expand

 

Step 4 Test Result

The simplest way to view results is to go to List View and click 'Calculate Prices'. In this example:-

• the Cost price is $50/linear meter, so a cabinet with a width of 1000mm would cost $50 and
• the Sell price is $50 plus 40% markup (i.e. $20) which equals to $70

List View shows Cost and Sell Price of a cabinet with a Width of 1 meter.