Price Method

Select the price method for this quote sequence:

  • Flat Price - Select this option if the work covered by this quote sequence will be included in the flat amount specified in the Price field (to the right).

  • T-Time and Material - Select this option if the work covered by this quote sequence will be billed using the rate template specified in the Rate Template field below.

  • D-Derived Flat Price- Select this option if you want the work covered by this quote sequence to calculate the flat price based on equipment, labor, misc and material entries using the rate template. Upon approval, this type of quote sequence becomes a flat-price work order.

    Note: When using this method, the system also generates split revenue entries (in SM Flat Price Revenue) based on the total billable values for the equipment, labor, misc and material entries. If you need to edit the split revenue entries, you must do so via the equipment, labor, misc and material entries.