Price Basis

Use the options in this drop-down list, in conjunction with values in the field to the right, to calculate different possible net prices for units and jobs.

Select one of the following options. After selecting a price basis, enter the actual percentage or amount in the [value] field to the right.

• Extended Cost/Unit + Percentage: Adds a percentage of the original extended cost, as found in the Cost/Unit field, to the original extended cost.
• Extended Cost/Unit + Dollar Amount: Adds a flat domestic currency amount to the extended cost, as found in the Cost/Unit field.
• Set Fixed Net Price/Unit: Allows you to enter a fixed net price per unit. This option ignores the original extended cost.
• Use Discounted Unit Price: Allows the system to automatically calculate the net prices using the unit price value from the Estimate Lines form.

In each case, the system displays the newly calculated net price and net price per unit in the Net Price and Net Price/Unit fields as soon as you exit both this and the field to the right.

Once you are done using this and the field to the right to let the worksheet calculate the optimal value for the net price, you can copy the value from the Net Price/Unit field to the Unit Price field in the header, and then save the form. This causes the system to use the new value on the Estimate Job Orders and Estimate Lines forms.