Even if material detail pricing is disabled on a lot item order, you may want to enter product prices and costs on the Lot Item Material Detail screen. You can:
You can use itemized information to track product prices, costs, and profit margins within a lot item without affecting the overall lot item price and cost, and without affecting customer invoicing. This information may be useful for determining how to estimate prices for future similar lot item orders.
When you exit the Lot Item Material Detail screen after adding itemized prices and costs, the system will prompt you to apply the amounts toward the lot price and lot cost. Enter N at the prompt. If the total itemized cost and price exceeds the lot price and cost, the system will prompt you to update the lot price and lot cost to reflect these amounts. Enter N at the prompt.
After you have entered some or all of the itemized costs and prices on the Lot Item Material Detail screen, you may realize that you have underbid the job or project. If you do this before you have made an agreement with the customer, you can adjust the bid to include the higher prices.
This option is also useful if, in the middle of a job or project, the customer orders additional quantities of some materials. After you obtain the cost from the vendor, you can enter the individual prices and costs and then tell the system to use them to update the total lot price and cost.
When you exit the Lot Item Material Detail screen after adding itemized prices and costs, the system will prompt you to apply the amounts toward the lot price and lot cost. To add the new prices and costs to the order, enter Y at the prompt. If you enter N and the total itemized cost and price exceeds the lot price and cost, the system will prompt you to update the lot price and lot cost to reflect these amounts. Enter Y at the prompt.
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