Creating pricing schedules

Create pricing schedules to define time and material calculations, work orders, custom trade rates, and part-specific charges to be associated with customers and customer contracts.

To create pricing schedules:

  1. Select Work > Asset Management Services > AMS-Pricing Schedules.
  2. Click New Record.
  3. Specify this information:
    Organization
    Specify the organization to which the pricing schedule belongs if you use multi-organization security.
    Pricing Schedule
    Specify a unique code identifying the pricing schedule and then enter a description of the pricing schedule in the adjacent field.
    Class
    Specify the class of the pricing schedule. The classes shown belong to the ARR entity.
    Labor Cost %
    Specify the percentage of the work order labor costs that is charged to the customer.
    Stock Items %
    Specify the percentage of the work order costs for stock items that is charged to the customer.
    Hired Labor %
    Specify the percentage of the work order hired labor costs that is charged to the customer.
    Direct Outs %
    Specify the percentage of the work order direct material costs that is charged to the customer.
    Tool Usage %
    Specify the percentage of the work order tool usage costs that is charged to the customer.
    Services %
    Specify the percentage of the work order services costs that is charged to the customer.
    Additional Charge
    Specify an additional fee to associate with the pricing schedule. For example, if you assess a standard trip charge regardless of the work performed, enter that amount.
    Note:  Additional Charge is not displayed if the MULTIORG installation parameter is set to YES. If you are using multi-organization security, you must add additional charges for each organization on the Additional Charges page.

    See Adding Additional Charges (MOS).

    Time Rounding (min.)
    Specify the number of minutes to round charged time of booked hours. For example, a value of 15 indicates rounding to quarters of an hour.
    Minimum Time (min.)
    Specify the minimum number of minutes to charge per labor booking.
    Custom Trade Rates
    Select to apply a markup for specific trade rates.
    Note: If you enter Labor Cost %, you cannot select Custom Trade Rates.
    Custom Part Charges
    Select to apply part charges depending on the type of part used.
    Note: If you enter Stock Items %, you cannot select Custom Part Charges.
  4. Click Save Record.
    Note: When you save the pricing schedule record, a record is also created on the Custom Trade Rates, Custom Part Charges, and WO Criteria pages based on the information entered for the pricing schedule.