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Job Inventory Pricing Schedule

Owned by Kyle Niekamp
Last updated: 06 21, 2022 by Claire Aleman

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 Inventory Pricing Schedule defines rules for the following costs:

  • Inventory costs that have been transferred from inventory to the project
  • Purchase Order costs when charged directly to the project, and if a Product Id has been referenced on the line item
    • NOTE: the 'Apply to Purchases' checkbox in the Inventory Pricing Schedule must be checked for this schedule to markup job direct purchases. If this checkbox is not checked, the Cost Type Pricing Schedule is used to mark up purchasing costs. 

Benefits:

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

Roles:

  • Billing Clerk

Location:

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

Video:

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Penta Technologies continuously strives to improve customer content, therefore, information is subject to change at any time.