Pricing Templates are used with Parts to provide a framework for pricing the part. A Pricing Template is usually set up to be used on multiple Parts throughout the system. For example, a square foot Pricing Template can be used on banners, aluminum, and corrugated plastic. The basic Pricing Templates have already been loaded for you but you may add more or edit existing Pricing Templates if needed.

To manage pricing templates navigate to Management Module > Parts > Pricing Templates > Manage. One of the key components of a pricing template is the unit of measurement which is typically included in the template name. The pricing template categories are organized by the unit of measurement. When creating a part you will first select the pricing unit and then the pricing template to use within that unit.

Click on a Pricing Template to view and edit.   

Areas of the Pricing template tab:

  • (A) Pricing Template Name that will help you know what template you're choosing when assigning it to a Part.
  • (B) Unit of measurement that this pricing Template is using.
        NOTE:  You cannot edit Pricing Units that have already been associated with a Part.
  • (C) Properties are items that affect any part using this Pricing Template and will be visible when entering information on estimates and orders.

  • (D) Standard Properties are those properties that are commonly used with most Parts.
  • (E) Part Quantity should be checked when you want to indicate how many Parts you need for each finished Product.
  • (F) Width, Height, and Depth affect measurement and pricing.
       NOTE:  If you check Width, Height, or Depth, those values must be entered during order entry.
  • (G) Part Text:  Enables a text field for entering wording that appears on the part, such as a slogan.
  • (H) Part Notes:  Enables a text field for entering additional instructions or information on the Part.
        NOTE:  Part Text and Part Notes will appear internally on digital and printed work orders. These fields can be turned on or off for the client to view based on invoice settings.

  • (I) Vended Item Properties:  items that originate from a third party. If you're creating a Pricing Template for Parts that are going to be vended the majority of the time, you can select Properties that will automatically be included in any Part that uses this Pricing Template.
      NOTE:  None of the Properties will be visible to your clients.
  • (J) Vendor Cost:  what the vendor charges you for the Part.
  • (K) Vendor Markup:  the percentage you want to add to the Vendor Cost to equal your retail price.
       NOTE:  Entering Vendor Cost and Vendor Markup will override any default price on a Part that uses this pricing template.
  • (L) Vendor Part Number is any reference number the vendor uses to identify the Part.

  • (M) Vendor Item Description is any specific details regarding the Part.

  • (N) Custom Properties can be used to add specific information to the Part beyond what's included with Standard Properties. General examples include allowing employees to enter the number of miles traveled on a delivery or the number of hours spent installing or designing a sign. Properties associated here should typically deal with information that is required to produce the Part.

        NOTE:  Properties that are optional or sold as an upgrade or additions to a Part should be added as a Modifier.

    1. To add a new custom property, click + Add Custom Property.

    2. Select an Interface Item. Click View Instructions for additional information.  

    3. Select the Value associated with this interface item.

    4. Enter the Property Label.
    5. Click Add Template Item.

The Pricing template Preview tab shows you how Properties you've added for this Pricing Template will look to users when they're adding the associated Part during order entry.

On the Pricing Template Formula tab, you can view and edit the pricing template formula. This formula determines how the Part price will be calculated.

Building the formula is as simple as dragging items from the Components Section into the Formula Builder.  

  • As you add components, your formula will appear in blue.
  • Clicking + add group will add an additional container for your formula. 
    • Each container will represent a new set of parentheses in your formula.
  • Hover over each component to view information on its value.
    • (A) Part information and custom properties
    • (B) Part rate and vendor cost (if using vended properties) On Parts using Market-Based Pricing, the value will be the Part Rate in the formula, which is the Retail Price per unit of measurement. On Parts using Cost-Plus Pricing, the Cost-Plus value will be the Part Base cost per unit of measurement.
    • (C) Quantities
    • (D) Additional information
  • Click Save Formula when done.

You're also able to customize a formula with different properties so you can control what pieces of information need to be added to a particular Part.

NOTE:  You can set up additional pricing Templates that have the same unit of measurement that might interact differently or have different formulas.