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Calculated Pricing for Allowances



You have the option of creating a calculated price for Allowances vs. a set price. Let's call these Calculated Allowances. You can choose to calculate either/both the Product Cost and the Labor Cost.


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The "Recalculate Automatically" option is checked by default. This will automatically update the Unit Cost/Unit Price of the Allowance within a Project when the value for the Source changes. If you do not have this box checked you can still manually recalculate the price for a Calculated Product within a Project.



Existing Allowances in your Catalog cannot be converted to a calculated price. Only new Allowances being added can be set to be calculated.


Calculated Allowances do not calculate off of each other, i.e. the price of other calculated items will not be used for other calculated Allowances. This includes Calculated Products and Calculated Labor Items.



There are a variety of options to set the value for the Unit Cost and Unit Price for a Calculated Allowance. When you first click the "Calculated" option, the interface shown below opens automatically.


item price calculation.jpg

You can re-open this window at any time by clicking the Calculate button:


calculate button.jpg



First you choose your source field. This can be the Product Unit Price or Product Unit Cost or you can choose one of the following Total fields:





Next you choose an operation from the following list:





Once you've chosen an operation you can then set a value. The value will either be a percentage or a decimal number based on the operation chosen:





You have the option of setting one or more of the following filters shown below:





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