Customer First Tier Rental Rates
Accounts Receivable Menu -> Customer
Information -> Customer Codes ->
Special Pricing window -> Multi-Tiered
Customer Special Pricing -> "First Tier Rates" window ->
This window can be used to define the specific rental Groups
with special rate structures that take priority over other rates
for this customer, as follows:
-
- SEQ
- The sequence number tracks the records in the pricing
table.
GROUP
- Enter the Group or select one from the Group Search window.
DESCRIPTION
- The Group description is displayed.
EXPIRY
- Enter the date on which this special rates no longer
applies.
This date is checked against the document date, not the actual
system date when the document was entered.
TRADE DISCOUNT
- Check this box to allow Trade Discounts to be given to this
customer on Tier 1 Rates for this product Group.
Uncheck this box to prevent Trade Discounts from being given to
this customer on Tier 1 Rates for this product Group.
Refer to the explanation in Trade
Discounts for more details how this type of discount
feature.
Note: Rental items from kits do not respect this flag, as items
bundled in a kit often have specific pricing.
RENTAL DISCOUNT
- Check this box to allow standard Discounts to be given to this
customer on Tier 1 Rates for this product Group.
Uncheck this box to prevent standard Discounts from being given to
this customer on Tier 1 Rates for this product Group.
Note: Rental items from kits do not respect this flag, as items
bundled in a kit often have specific pricing.
RATES
- A window is provided to setup the special rates that apply to
this customer by rate code for each Group.
Only the as follows:
-
- SEQ
- The sequence number tracks the records in the pricing
table.
CODE
- Enter the Rate Code or select one from the drop-down list.
Only Rate Codes assigned to this directly Group in Rate Structures can be selected.
DESCRIPTION
- The description is displayed.
e.g. Hourly, 4 Hrs, Daily, Weekly, Weekend, 28 Days, Monthly, Event
etc.
TO HOURS
- The To Hours value that determines the cut-off point
after which this rental rate no longer applies, displays.
e.g. If 1 day = 24 hours, and the To Hours is 96 hours, then
the Daily rate applies up to 4 days before the next rate WEEKLY
applies.
RATE HOURS
- The Rate Hours that determines the number of hours per
time period, displays.
Example:
1 Day = 24 hours, so the rate hours in this time period is 24.
1 Week = 168 hours (7 days * 24 hrs), so rate hours is 168.
4 Weeks = 672 hours (7 days * 24 hrs * 4), so rate hours is
672.
RENTAL RATE
- Enter the dollar amount which applies for this rate code, for
this customer.
BASE RATE
- Enter the optional Base Rates for applicable Rate
codes.
Refer to the notes on Base Rate Processing in the Rate Structures for a detailed explanation of this
feature.
BASE HOURS
- Enter the Base Hours for applicable Rate codes.
Expanded Rate Record
- Click the EXP/CON button to access the Meter rate
and New Rate information:
- METER INCLUDED
- This field only applies to metered or blade-type non-bulk
rental products.
Enter the number of meter or blade units included with the
rental rate.
If the meter units at Rental Return are less that this meter
allowance, there is no meter charge.
- RATE
- Enter the over-time rate per meter or blade unit, if the
included meter units is exceeded for this rate code.
SURCHG
- This field only applies if Base Rate processing is being
used.
This amount is the additional amount required in the calculation to
equal the Base Rate.
This is an information field only.
MAINTENANCE PROVISION
- Optional maintenance provision postings can be generated to
reflect a maintenance expense in the G/L as a portion of the rental
revenue.
Leave this field blank if NO maintenance provision postings are
required for this rate code, or enter an hourly rate to be charged
at this rate code level for maintenance.
NEW RATE AS OF:
- New rates for each rate code can be setup in advance.
Enter the effective date when these new rates should be
applied.
Any Contracts, Quotations, Reservations, etc., entered with a date
out that is later than this date will be billed at the new
rate.
At this effective date, the new rates replace the expired rates in
the product rate file.
The fields include:
-
- RATE
- Enter the new rate to apply as of the effective date just
set.
- BASE RATE
- Enter the Base Rate for the code to be applied as of this New
Rate effective date.
- BASE HOURS
- Enter the Base Hours for the Rate code, to be used as of this
New Rate effective date.
- METER INCLUDED RATE
- Enter the over-time rate per meter or blade unit to be used as
of this New Rate effective date.
- SURCHG
- This amount is the additional amount required in the
calculation to equal the Base Rate.
This is an information field only.
Finished?
- Click ACCEPT to accept the list of products and exit, or CANCEL
to abort.
Finished?
- Click ACCEPT to accept the list of products and exit, or CANCEL
to abort.
The Tier 1 Pricing Report can be used to
output all the first tier rates and pricing assigned to selected
customers, to a report or to a spreadsheet.
Tier 1 Groups and rates can also be updated using the Customer Pricing Management utility or Restructure Class/Group/Rates/Tag and the rate cards
can be printed from Customer Rate Card.
Topic Keyword: ARPOR01 (4063)