Pricing Priorities & Rules

In calculating the Retail Value of every Cost Transaction Workbench always follows a particular order in arriving at the Selling value.

The top priority is the Price Code. Workbench always looks to the Price Code attached to the Job or Quote to calculate the Retail Value. Within the Price Code, you can set priorities between individual lines as needed.
Every job in Workbench must have a Price Code but the Price Code does not have to be populated with lines.

If the Price Code is not populated with lines, Workbench follows the Pricing Rules for the type of transaction to calculate the Retail Value. Subsequent priorities depend on the setup of Employee Classes, Stock Items, Catalogue Items, Plant Rate Codes or Activity Codes.

Note that the Price Code is divided into Labour, Materials, and Plant. Labour covers all Time transactions. Materials covers transactions including: Purchase Orders, Accounts Payable, Stock, Disbursements, and Internal Sales (i.e. the cost part of the transaction), while Plant determines all Plant Issues.

See the child pages for more information on pricing rules for each transaction type:

Child Pages: