This Help Article covers;
As a general rule, Kitset Quoting Labour Cost should be at minimum the average of your Company’s Field User's Pay Rate "Cost Price” (the Recovery Rate), this is to give you more accurate Quoting Costs.
KATLAB Products have a fixed Trade Price*, so the Pricing Rules are used to achieve the wanted Sell Price.
To Edit Kitset Quoting Labour Cost Price*
Editing the Quoting Labour Cost Price* is done from the Product’s "Product Details" Page
Quick Flow:
Products List View
search KATLAB
Cost Price* Padlock
[UNLOCK]
Edit
[SAVE]
1. From the Side Menu's Products Tab List, search KATLAB, and you should get a minimum of 3 returns;
KATLABPRE
KATLABCUT
KATLABFIT
One by one, Press on each Product to display the Product's "Product Details" Window, then Press on the Padlock Icon to the right of the Cost Price* field to display the "Unlock Cost Price?" popup and Press [UNLOCK]
2. From the Product's "Product Details" Page, Edit the Cost Price*
3. When finished [SAVE]
⚠️ NOTE: “Cost Price*” is a minute value, so divide the hourly Cost Price you want by 60 to give you the minute Value rate to enter.
💡 TIP: Using an average Pay Rate "Cost Price” will provide more accurate Profit & Loss reporting for Quoted Jobs.
To Edit Kitset Quoting Labour Sell Price
Editing the Kitset’s Quoting Labour Sell Price is done from the Pricing Rules
Quick Flow:
Company Settings
More Top Tab
Price Rules Top Tab
Price Rule Book*
“Labour / Labour Quoting Per Minute”
“Rule”
“Value”
[SAVE]
1. From the Side Menu, Press Company Settings
2. From Company Settings, Press the More Top Tab then Select Price Rules to display the Pricing Rules Top Tab
3. From Pricing Rules Top Tab, Select a Pricing Rule then from a Price Rule’s “Labour / Labour Quoting Per Minute” select a “Rule” and “Value” that gives you the wanted Sell Price*
Examples;
Rule = Fixed with Value = "$ Value" Uses the entered $ value as a Sell Price
Rule = Margin with Value = "% Value" Uses the entered % Value to calculate a Sell Price from the Cost Price, where the Sell Price has a “Margin” of the entered % Value.
Rule = Trade with a Value = "% Value" Uses the entered % Value to calculate a Sell Price from the Trade Price where the Sell Price has a “Mark Up” on the Trade Price of the entered % Value.
⚠️ NOTE: “Labour / Labour Quoting Per Minute” is a minute value, so divide the hourly Sell Price you want by 60 to give you the minute Value rate to enter.
4. When finished [SAVE]
💡 TIP: To verify your Labour Costs and Sell Price, add KATLABPRE, KATLABCUT and KATLABFIT to a Quote's Manual Section, then give them a Qty of 60. The "Line Cost" and "Line Price" will display your Cost and Sell per hour. You can work through your Price Rule Books to display your Cost and Sell for each Price Rule.
