Menu Path
Work > Asset Management Services > AMS-Pricing Schedules
Description
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.
Custom trade rates are used to charge labor costs to customers based on rates defined for specific trades and hour types instead of a standard labor cost percentage entered on the Pricing Schedule header.
Custom part charges are used to charge material costs to customers based on rates defined for part classes instead of a standard stock item cost percentage entered on the Pricing Schedule header.
Additional charges on a pricing schedule are added to every work order that is completed for a customer contract. The additional charges are not added or displayed on the work order when the work order is created. Instead, additional charges are added to the work order costs when the system calculates work order customer charges.
Work order criteria is used identify the work orders for which to charge for pricing schedules. The system uses the specified work order criteria for a pricing schedule to select the work orders for which to charge a customer when calculating work order costs.
After the system selects all of the existing work orders matching the work order criteria for a pricing schedule, it then calculates and compiles all the costs for the work orders, which will be used later during the assembly of charges for customer invoices. See Understanding the creation of customer invoices for more information.