Site Prices and Quantity Screen

OnHand

Displays the system-generated quantity that has been received and priced, minus any on work orders.

NotPriced

Displays the system-generated quantity that has been received, but not priced.

Workorder

Displays the system-generated quantity that has been added to one or more open work orders.

OnOrder

Displays the system-generated quantity that has been ordered, but not delivered.

Note: This value can also include items on consignment.

AtRecap

Not used.

Min Stk

Lets you set a minimum stocking level for an inventoriable item.

Max Stk

Lets you set a maximum stocking level for an inventoriable item.

Location

Lets you define where the item is kept.

Misc. Sort

Lets you define an alternative sort order for the Inventory List.

Tip: To list items with the highest profit margins first, you could rank them with a 1 to represent the highest profit margin.

Last FET

Lets you enter the federal excise tax you paid for the item the last time it was received. TireMaster updates this amount after you price each new receiving.

Note: This amount is used on receivings and work orders when the Use Next FET for POS/Receivings is set to No. This setting is on the Inventory tab of the System Controls screen.

Next FET

Displays the system-generated average cost of the item’s federal excise tax.

Note: This amount is used on receivings and work orders when the Use Next FET for POS/Receivings is set to Yes. This setting is on the Inventory tab of the System Controls screen.

Price Matrix

Lets you assign a price matrix to the item. For more information, see Price Matrixes.

Parts

Lets you set the price, excluding labor, for the item.

Labor

Lets you set a labor price for the item.

EDL

Displays the item’s everyday low price, which is total of the parts price and the labor price added together.

Relief %

Lets you define a percentage (as a decimal) that is used to estimate the cost of noninventoriable items.

Note: This entry enables the item’s cost to post to the general ledger once the invoice is completed.

Flat Rate

Lets you define the amount of time it takes an average mechanic to perform a service or repair. Flat rates are used for labor items only.

Note: This entry enables you to calculate the number of hours mechanics spend completing services and repairs.

Price By

Lets you define that a markup or margin will be calculated for the item based on either its base price or last cost.

Note: The price change using the specified margin or markup takes effect once you recalculate the item’s price with the Pricing Wizard.

Op

Lets you define which factor to use when recalculating the item’s price with the Pricing Wizard:

• M for markup (multiplies the item’s cost by the factor)

• D for margins (divides the item’s cost by the factor)

Note: Op stands for operator.

Base Price

Lets you enter an amount that parts price calculations are based on. Using a base price instead of last cost prevents prices from fluctuating with each receiving.

Note: To use the base price as the ordering price for purchase orders and receiving documents, set Base Price - Use Instead of Last Cost for POs/RDs to Yes. This setting is on the Inventory tab of the System Controls screen.

Last Cost

Displays the amount that the item last cost you. You can manually update this amount if needed.

Note: If the last cost is 0, the amount of the base price will be copied into this field.

Core Cost

Lets you assign a core cost to an item. For more information, see Maintaining Core Cost Information.

Factor

Lets you define a percentage (as a decimal) to use for updating the item’s price with factor-based price calculations.

Note: Depending on which operator you use, the item’s cost is either multiplied or divided by the number in this field.

Std. Cost

Lets you set a standard cost for the item.

Note: Standard cost forces TireMaster to maintain a steady cost for an item because its true cost often fluctuates.

Next Cost

Displays the amount that will be the item’s cost the next time it’s sold. The next cost is determined by the costing method and is used to calculate the cost of the next item sold.

Sale Begin

Lets you set the date when a sale price for the item will go into effect.

Sale End

Lets you set the date when the item’s sale price ends. Normal pricing resumes the next days.

Sale Parts

Lets you set a temporary price for an item, excluding labor.

Sale Labor

Lets you set a temporary price for labor.

Sale Price

Displays the sale price for the item, which is the total of the sale parts and sale labor prices added together.

Levels

Lets you offer special pricing for an item by setting up to five, arbitrary prices. These prices are known as A–E price levels.

Recalculate

Lets you recalculate an item’s parts price when the factor, cost, or both are changed.

Update All Sites

Lets you implement the changes you’ve made (such typing a different amount or recalculating the item’s parts price) at the other sites.

Note: This button is available only at the corporate site in a multi-store environment.

OK

Saves your changes and exits the screen.

Cancel

Exits the screen without saving any changes.