Percentage Charge Calculation
Updated 2 years ago
Charges based on a percentage of invoice items, such as Damage Waivers and Credit Card surcharges can be set up to automatically calculate.
Example: Setting up a credit card surcharge.
- From the main menu strip at the top, go to Setup > Items.
- Click New Item to open the item details page.
- Enter a Description (e.g. Credit Card Charge).
- Enter a unique Code for the item, e.g. CCC
- Select a non hire Item Type, normally Misc.
- Go into the Configuration section below, Select the Non-Stock checkbox.
If you intend on using this % charge item on EoM Rollovers, make sure you also check the EoM Rollover item checkbox, or it will not be autocalced on rollover.
- Click the Rates/Prices tab.
- Select a Unit, i.e. Each, and enter 0 in the Sell Ex or Inc column.
- Click Save Changes button towards the bottom to save the new item.
- Click the % charge item from the list to edit.
- Click the Rates/Prices tab.
- Click the popup menu selector to the left of the Unit column.
- Click the Percentage Calculation option.
- Enter a Charge %.
- Select whether the percentage is calculated on the Exclusive or Inclusive amount.
- Select what the percentage is based on, All, Hire only, or the previous item.
- Select which invoice line column should be updated with the new calculated value (Inc or Ex).
- Click Save Changes to save the record.
The percentage charge item can now be added to any invoice when required, and the line will be automatically calculated.