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Job Cost Type Pricing Schedule

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Job Cost Type Pricing Schedule

Overview:

Pricing Schedules are a package of rules that can be defined at a standard/customer level or job level, that tells PENTA how it should price billable costs. The Job Cost Type Pricing Schedule defines rules for costs that are NOT direct labor, direct equipment, or direct inventory costs. Common examples of costs that this schedule will price up is as follows:

  • Purchase/AP Invoice
  • Subcontract/AP Invoice
  • Cost adjustment via Journal Entry

Benefits:

  • Ability to setup/define job specific pricing rules for automated cost plus and/or T&M project billings
  • System automatically calculates mark ups based on the predefined rules

Roles:

  • Billing Clerk

Location:

  • Project Management > Owner Contract Information > Cost Plus/T & M Pricing Schedules > Job Cost Type Pricing Schedule

Video:

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