Create New Pricing Scheme

Overview

Pricing schemes offer a flexible approach to managing pricing and billing for the equipment. Users can customize pricing schemes to match their specific needs, including defining descriptions for invoices, setting minimum hours, applying surcharges, selecting billing types, and adding line items. Additionally, pricing schemes enable users to create separate pricing sheets for different equipment units.

Benefits

• Increased efficiency and accuracy: Pricing schemes streamline the pricing and billing process, reducing errors and saving time.
• Enhanced flexibility: Users can tailor pricing schemes to their unique requirements, ensuring that pricing is aligned with business needs.
• Improved profitability: Customizable pricing schemes allow users to optimize pricing strategies and maximize revenue.
• Simplified equipment management: Separate pricing sheets for different equipment units simplify the management of the equipment and associated costs.

Specifics

Basic Hourly Setup

• Navigate to Sales - Pricing. 
• Add new pricing scheme by clicking on Pricing at the top left corner of the window or by right-clicking anywhere in the left grid.

1. Select Pricing type (Standard, Customer Specific, etc.)
2. Assign a Scheme Name.
3. If you use Equipment Minimum Hours - enter an amount.
4. If you would like to change the Description on the Invoice for your Set up, Hourly Charge, Pour Volume or Area Charge, you can make changes here by typing directly into the grid. For more information, visit https://support.rapidappsinc.com/hc/en-us/articles/19200751882523-Customize-invoice-labels-descriptions-for-all-automatically-generated-invoice-line-items.
5. A Surcharge percentage can be added. If the surcharge is taxable, click taxable and select which items will incur a surcharge.
6. Selecting Allow Master Update will allow you to change the surcharge for every customer that has the allow master update checked off, with just a few clicks for price increases.
7. You may add Line items from the accounting line items at the bottom, Press the green (+) icon and Items will appear for selection. These line items will appear on all invoices if you mark Apply to all invoices checkbox.
8. Select Allow Tiered Pricing for basic hourly setup. 
9. Selecting Use Time Based Labor Overtime enables the application of overtime rates for labor on weekends, during travel, and before or after specific times configured by the user.
10. Selecting Use Day Based Labor Doubletime enables the application of double time rates for labor on Sunday, during a Holiday or travel.  (See note in blue below)
11. Equipment minimum hours can be setup by selecting Use Time Based Equipment Min Hours.

Add Pricing Sheets

• Select the Pricing Scheme in the left grid to highlight it, then right-click and choose Add Pricing Sheet. Alternatively, you can right-click on the Pricing Sheets Grid (bottom right of the window) to add a pricing sheet when the relevant pricing scheme is highlighted.

• Select the equipment size, enter the equipment hourly, travel and labor rates. The pricing sheets will appear on the right-bottom side of the window. 

How to assign a Pricing Scheme to a customer

• Once all sheets have been added, right-click on the pricing scheme in the left grid and select Assign to Customer.

• Select the customer, check Apply to All Job Sites, and press Save. 

How to assign a Pricing Scheme to a jobsite

• For job specific pricing, right-click on the pricing scheme in the left grid and select Assign to Jobsite. 

• Select the customer, select the jobsite (or add a new one by clicking on the drill icon) and save.