Field Definitions: SM Flat Price Revenue Form
The following is a list of field descriptions for the SM Flat Price Revenue form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.
Seq
Seq field on the SM Flat Price Revenue form.
Enter N, New, or + to add a new revenue sequence.
Cost Type Category
Cost Type Category drop-down on the SM Flat Price Revenue form.
Required.
Select the cost type category for this revenue sequence.
L-Labor
E-Equipment
M-Material
O-Other
S-Subcontract
Cost Type
Cost Type field on the SM Flat Price Revenue form.
Enter the SM cost type for this revenue sequence. The cost type must be valid for the specified cost type category (i.e. have a cost type category of L-Labor in SM Cost Types). The only exception is if you specified a Cost Type Category of O-Other; this category allows entering any cost type, regardless of it's category.
Leave this field blank if you do not want a further breakdown of revenue for this sequence by cost type.
Price Percent
Price Percent field on the SM Flat Price Revenue form.
Enter the percentage of flat price revenue to apply to the specified cost type and/or cost type category (enter 50% as 50.00).
Work Scopes
The sum of all entries in the grid must equal 100.00% (leaving a Percent Remaining of 0.00). If they do not, upon closing the form, the system will display a message indicating that percent remaining must be 0 or 100. You will be unable to close the form until either of these values are met.
Agreement Services, Quotes, and Work Orders
Once you enter a percent, the system will automatically calculate a revenue amount (next field) based on this percentage and the flat price amount. If you prefer to enter a fixed amount, leave this field blank and enter a value in the Amount field. The system will automatically calculate the percentage based on the amount specified and the flat price amount.
The sum of all entries in the grid must equal 100.00% (leaving a Total Remaining amount of 0.00). If they do not, upon closing the form, the system will display a message indicating that the split price doesn't match the flat price, and asking if you want to update the flat price. If you click Yes, the system will automatically update the flat price to equal the total of all entries in the grid. If you do not want the flat price adjusted, click No. Then either add additional entries or adjust the existing entries as applicable.
Amount
Amount field on the SM Flat Price Revenue form.
This field is not available for work scopes (i.e. when form is accessed from SM Work Scopes).
Enter the amount of the flat price (specified for the quote sequence, work order sequence, or agreement service) to apply to the specified cost type and/or cost type category. If you specified a Price Percent, this field automatically defaults an amount based on the specified percent and the flat price amount. Overriding the amount will cause the Price Percent to be recalculated.
The total amount of all entries in the grid must equal the flat price (leaving the Total Remaining at 0.00). If they do not, upon closing the form, the system will display a message indicating that the split price doesn't match the flat price, and asking if you want to update the flat price. If you click Yes, the system will automatically update the flat price to equal the total of all entries in the grid. If you do not want the flat price adjusted, click No. Then either add additional entries or adjust the existing entries as applicable.
Taxable
Taxable checkbox on the SM Flat Price Revenue form.
Select this checkbox if this split revenue entry is taxable. Quotes and work orders flagged as taxable will calculate the tax amount based on all split revenue amounts that are flagged as taxable.
Do not select this checkbox if the revenue amount is not taxable.
This checkbox initially defaults as selected for all cost type categories except Labor. If you also specified a Cost Type for the revenue sequence, this flag will default based on the Taxable setting for the cost type (e.g. if the cost type is not taxable, this checkbox will default as unchecked.
