Equipment programs allow you to automatically price items using customized criteria. You can automatically create standard discounts or markups, and apply these to any project or client.
Setting up an Equipment Program:
To set up the equipment program, go to Settings > Company > Pricing Programs, and click "+Add Equipment Program".
In the window that pops up, name your equipment program, select the pricing method, and choose whether you'd like this to apply to all items, or only certain manufacturers.
The available pricing methods are:
% off MSRP
% above MAPP
% markup from cost
% profit margin
If you'd like to have this equipment program automatically populate into all of the projects you create, you can select the checkbox to "Use By Default".
The above image shows how to set a program that covers all items in the project, regardless of your cost for those items. However, if you'd like to set up multiple pricing tiers for the calculation to be based on a certain range, you can do that too!
To set up multiple percentage rates for different pricing tiers, use the "+Add Rate" button to enter the parameters for each % tier.
In the below example image, items costing greater than $0.00 (i.e., $0.01) to $250 will be marked up at a rate of 30% above cost, and items costing greater than $250 (i.e., $250.01) to $500 will be marked up at a rate of 25%, and so on.
Once you have created and saved your equipment program, it can be added to any project by selecting it from the dropdown menu in the Equipment Program field in the Project Details.
This will program will now price your equipment!
IMPORTANT NOTE:
An equipment pricing program on your project will automatically affect an item at the time you are adding the item to the project when that item has a connected cost (via price sheet or vendor connection) OR a cost saved to the database.
If you're adding an item to a project and it doesn't have a cost, the equipment pricing program will not affect the item, even if you manually type in a cost. If you need the equipment pricing program to affect items where a cost was typed manually you will need to go to Project Details, remove the pricing program (which won't affect items already in the project), and then re-add the same equipment pricing program.
We hope this helps! Please reach out to us in Support Chat with any questions!