Set whether charges impact cost, revenue, or retail. In most cases, these charges will result from unit revenue calculations. The “Use” and “UseCost” settings calculate the resulting charge based on unit cost.
This column works in conjunction with the Percent column. The “Percent” column defines which line items to use when applying the percentage value. The “%Target” then defines where to apply the charge – cost, revenue, or retail.
%Target |
Charge impacts |
Calculated based on unit |
Example(s) |
All |
Cost, revenue, and retail |
Revenue |
State tax, material, sinks, credit card fee |
Cost |
Cost |
Revenue |
Commission, credit card fee |
CostRev |
Cost and revenue |
Revenue |
|
CostRet |
Cost and retail |
Revenue |
|
Rev |
Revenue |
Revenue |
|
RevRet |
Revenue and retail |
Revenue |
|
Ret |
Retail |
Revenue |
|
Use |
Cost, revenue, and retail |
Cost |
Material Waste |
UseCost |
Cost |
Cost |
Material Waste |
Listed below are some examples of how to apply this feature. Work with your account manager if you have questions.
All %Target – Apply a charge to cost, revenue, and retail
Setting %Target to “All” will apply the charge based on unit revenue calculations to the cost, revenue, and retail. This is the default setting for line items.
In this example, the line items have a quantity that is applied to the unit cost, unit revenue, and unit retail which determines the cost, revenue, and retail on the quote.
Cost %Target – Apply a charge to cost ONLY
Setting %Target to “Cost” will apply the charge to the cost only.
In this example, the Credit Card fee is 2% of all revenue and it is added as a “Cost” because your shop will have to pay that to the credit card company. However, some states do not permit charging credit card fees to customers so you would NOT add this is a “Revenue” value.
Use and UseCost %Target – Apply a charge based on the Cost
Setting the %Target to “Use” or “UseCost” will calculate a charge based on unit cost (in most other cases, charges are based on unit revenue calculations). This setting is used in conjunction with the Percent column.
With the “Use” setting, the charge is applied to the cost, revenue, and retail.
With the “UseCost” setting, the charge is only applied to the cost.
“Use” Inventory Example
In this example, the Percent column is set to 10% and the %Target is “Use.” The line item is called “Use Tax” and has an “InventoryTax” SKU class type.
The cost of the material is $528 and the cost of the sink is $75 totaling $603. The unit cost for the “10% Use Tax” total cost of those two inventory items ($603). The calculated Use Tax ($60) is applied to the cost, revenue, and retail.
“UseCost” Material Example
In this example, the Percent column is set to 10% and the %Target is “UseCost.” The line item is called “Material Waste” and has an “PctMaterial” SKU class type.
10% material waste ($34) is applied based on the cost of the material ($340) and ONLY impacts cost.
“Use” Material Example
In this example, the Percent column is set to 10% and the %Target is “Use.” The line item is called “Material Waste” and has an “PctMaterial” SKU class type.
The 10% Material Waste is calculated from the cost of the material ($340) and applied to the cost and revenue in the quote.
Note: If changing the Percent value does not impact the quote, double check that the “Cost %” column in the “SKU Items” grid is blank. The “Cost %” is an obsolete feature now but the value there will override the Percent value in the Cost Definitions Grid.