Pricing Systems

Pricing Systems 2017-09-11T03:59:26+00:00

Info and Concepts

Aerotrack will use the settings here to calculate the sell price for any parts you sell. Pricing of the part is always in your base currency (AUD).

There are a number of different pricing systems:

  • % Markup of Last Cost – This will mark up the last cost of that part #, as a % based on the customer level. (1-5)
  • % Markup of Batch Cost – This will mark up the batch cost of that batch of that part #, as a % based on the customer level. (1-5)
  • % Markup of Average Cost – This will mark up the average cost of that part #, as a % based on the customer level. (1-5)

All the % markup systems require you to enter a % markup for each Customer Pricing Level (1-5) and set this level against each of your customers. When a new customer is set up the default value will be set to level one. Each customer can be set to one of the five pricing bands available from within the customer record. The screen shot below shows an example only of a pricing structure.

Screen Shot 2016-02-29 at 11.07.22 AM

  • Range Markup of Last Cost – This will mark up the last cost of that part #; the % used depends on where the last cost is in the range.
  • Range Markup of Batch Cost -This will mark up the highest cost of that batch of that part #; the % used depends on where the batch cost is in the range.
  • Range Markup of Average Cost – This will mark up the average cost of that part #; the % used depends on where the average cost is in the range.Screen Shot 2016-02-22 at 12.25.23 PMScreen Shot 2016-02-29 at 11.05.06 AM

Fixed Price by Part Number

The pricing of an individual part can be set by part number from within the inventory module. When this method is used it while over ride other settings on the customer and in System Administration.

In the Inventory detail screen from within the “Pricing” tab a fixed price can be set in two ways. The first is the “Compulsory List Sell” price.

Screen Shot 2016-02-29 at 1.36.09 PM

 

Enter the sell price in the “List Sell:” field. Check the “Compulsory:” box to over ride the existing pricing structures in place and always set that amount as the sell price when calculated.

 

The second fixed price method is the fixed sell by price level method. This allows a fixed price to be set in each of the five customer pricing bands. In the Inventory detail screen from within the “Pricing” tab enter the selling price in the fixed price field for each of the five bands. This will over ride the other pricing methods set by customer but will not over ride the compulsory list pricing rate if it has also been set.

Screen Shot 2016-02-29 at 1.55.53 PMScreen Shot 2016-02-22 at 12.25.23 PM

Labour Pricing System

When a staff member carries out work on a job it should be recorded via the Timesheets module and assigned to a job and task. There are three ways that labour can be calculated.

Screen Shot 2016-03-23 at 12.56.15 PM

  • Activity – this uses the activities set up in the Labour – Activities Setup tab under System Administration.
  • Tradesman – This will use the pricing as set up for each staff member within the Personnel Section.
  • Tr/Charge by Act. – this setting will set the costs by Tradesman and the charges by the Activity.Screen Shot 2016-02-22 at 12.25.23 PM

When the labour pricing method is set to “Tradesman” the cost and charges for hours entered will be taken from the staff members personnel record. Each personnel record has a section to set these amounts, this section is only visible to users with the View Costs checkbox ticked in their security permissions.timesheetsScreen Shot 2016-02-22 at 12.25.23 PM

To setup the costs and charges for each staff member open their personnel record and enter the dollar values for the hourly rates in each field. There are eight charge bands available, each customer is assigned to a labour charge band from within their customer record.Screen Shot 2016-02-22 at 12.25.23 PMScreen Shot 2016-03-29 at 10.31.18 AM