Use the Prices setup window to change activate Price Components, Rate Basis UOM, Minimum Charges, and Rounding options.
To activate Price Components, select Setup | Configure - Prices. A window similar to the following will appear.
To activate a Price Component, enter a meaningful title in the desired field. The default title for Price Component 1 is Base Matrl. This can be changed based on the end user's preference.
To demonstrate how Price Components work the following example will activate Price Component 2 as Surcharge and Price Component 3 as Add'l Fee.
These additional Price Components can be selected from the Price Components drop-down list in the Prices table. Select Maintain - Prices to add rates to each Price Component table.
Select Surcharge from the drop-down list. Enter rates for those material items requiring an additional fee.
In the example above material 001 - 1/4 - 3/4 Washed Rock will calculate an additional $.50 per ton fee, 3/4 - 1 1/4 Washed Rock will calculate an additional $1.25 per ton fee, and Washed Sand will add an additional $5.00 fee to the total charge.
Click the Save button to save changes. Click the Undo button to cancel any changes.
Select Add'l Fee from the drop-down list. Enter rates for those material items requiring an additional fee.
In the example above material 001 - 1/4 - 3/4 Washed Rock will calculate an additional $.75 per ton fee, 3/4 - 1 1/4 Washed Rock will calculate an additional $.75 per ton fee, and Washed Sand will add an additional $2.00 fee to the total charge.
Click the Save button to save changes. Click the Undo button to cancel any changes.
The total charge is calculated in the following way:
- Net Weight * Price Component 1 Rate + Calculated Taxes = Base Charge 1
- Net Weight * Price Component 2 Rate + Calculated Taxes = Base Charge 2
- Net Weight * Price Component 3 Rate + Calculated Taxes = Base Charge 3
- Base Charge 1 + Base Charge 2 + Base Charge 3 = Grand Total Base Charge
Where the Net Weight is 10 Tons for material 001 - 1/4 - 3/4 Washed Rock and no taxes are applied
- 10 * $2.50 + $0.00 = $25.00
- 10 * $.50 + $0.00 = $5.00
- 10 * $.75 + $0.00 = $7.50
- $25.00 + $5.00 + $7.50 = $37.50
Click the Save button to save changes. Click the Undo button to cancel any changes.