Issue/Symptom/Question

How do I add multiple cost mark-ups to a Service Inventory Pricing Schedule?

Applies To

PENTA for Windows

Service Management > Invoicing > Setup > Pricing Schedules > Inventory Pricing Schedule

Resolution/Fix/Answer

Steps:

1. Navigate to the Service Management Inventory Pricing Schedule window

1. Enter a unique Pricing Schedule # and Description
2. Indicate with a checkbox to apply this schedule to Purchase Order material purchases or not
   1. When this box is checked this means the Purchase Order must have a Product Id in order to use this pricing schedule OR if the Pricing Schedule is setup for a Cost Type and Unit Cost then it will be picked up in invoicing. 
   2. If the Purchase Order does not have a product Id and the box is not checked then the markup will come from the Other Cost Pricing Schedule.
3. Enter the Effective Date of the pricing mark-ups
4. Enter a Sequence # starting with 10 and increasing the Sequence # by 10 for each additional mark-up being added to this schedule (10, 20, 30, etc...)
5. Optionally enter a Cost Type that would be charged for tracking Inventory costs
6. Optionally enter in the Min Unit Cost field the low end of the cost - $.01 and then in the Max Unit Cost field the high end of the mark-up range - say $.99
7. Enter in the Mark-up % field the percentage to mark-up costs in that range
8. Then insert a new record and add a new Sequence # (20) and in the Min Unit Cost field enter the next mark-up low end of the range say $1.00 and in Max Unit Cost say $5.00
9. Enter in the Mark-up % field the percentage to mark-up costs in that range
10. Repeat this process of adding new Sequence #'s and Min Unit/Max Unit Costs and Mark-up %'s until all possible cost mark-ups have been added
11. Link this schedule # to any Customer Location that would use this mark-up schedule for billing