Included and minimum pricing thresholds
Pricing thresholds are limits that determine if some work on work orders is included in the charge to the customer or if the customer is charged a minimum amount regardless of the amount of work completed.
You can specify included pricing thresholds or minimum pricing thresholds. You cannot use pricing thresholds with price quotes, and you can use only one of included or minimum pricing on a price schedule. The included and minimum pricing values are calculated when the customer agreement that contains the price schedule is applied to a work order. The calculated cost becomes the actual cost that is charged to the customer.
Included pricing
With including pricing, you specify the amount of the cost of work to be included automatically without a charge to the customer. You can set included pricing thresholds for the cost of an entire work order, or for the cost of labor, services, materials, or tools on the work order. The customer is billed only for the amount that the total price on a work order exceeds the amount specified as the included amount.For example, the total included amount for a work order, based on the terms of agreement between the service provider and the customer, is $400. If the total calculated price on the work order is $600, then the customer is billed $200, the amount that exceeds the included amount.
Minimum pricing
With minimum pricing, you specify a minimum cost for work that results in charges to customers. You can set minimum pricing thresholds for the cost of an entire work order, or for the cost of labor, services, materials, or tools on the work order. If the total price for the work order is less than the amount specified as the minimum amount, then the customer is billed the minimum amount. If the total for the work order is more than the minimum amount, then the customer is billed the work order total.For example, the minimum amount charged for a work order, based on the terms of agreement between the service provider and the customer, is $400. If the total calculated price for the work order is $250, then the customer is charged $400.