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Quick Bid - 05.09 The Item Details Material Cost Tab: Overview and Video - QB

Views: 775 Last Updated: 10/31/2024 09:58 am 0 Rating/ Voters
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Note
Versions 4.97 and earlier called this the Material "Pricing" tab.

The Material Cost tab provides options to setup pricing methods for an Item.

The way Materials are priced typically is determined by industry practice, however, geographic location or estimator preferences can dictate the pricing method. For example, a tile could be priced by EA piece, by the SF, by the carton, or per 1000 units - it is up to you and your business how you setup pricing. The objective when setting up your Item is to convert the measured quantity (LF, SF, or EA) to something your Supplier works with (be that piece, unit of measure, or container).


The choices that appear in the pull down menu depend on the “Size Method” and “Container” settings on the Sizing tab (see previous articles).

Quick Bid Item Detail Material Cost tab showing a material priced by Container

When you update Material Cost, the date is noted in the "Changed" column and displays on the Materials Tab in the "Price Updated" column.

click here to view the previous article The Sizing Tab: Mixtures Material Cost Tab - Price by UOM click here to view the next article



Product documentation (user guides) describes functionality in the latest version of each major release and may not match the functionality in the version you are using. Please check the Product Information and Downloads pages by clicking one of the product buttons above.

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