Loads and Load Percents

Loads add a specific dollar amount to a product's cost in a customer order (load x quantity).  This can represent various overhead values, or quite commonly, Fuel Surcharges.

Loads entered on a product record are carried over to the inventory records that are associated with that product record. When the inventory is assigned to an order, it receives that "cost" as well.  This is used for job costing/commissions only -- Load costs will never post to financials.

Load = Specific dollar amount added to the cost of the product record.  This would be a "flat rate" that does not change with cost increases.
Load Percent = Specific Percentage of the product's cost added to the cost of the product record.  While a percentage rate does not change with a cost increase, the value of the load would increase as cost increases.

There are two ways to add these fields into a product record:

  1. Edit the individual record:

2018-04-19_9-06-41.png2.  Utilize General Range Edit

Go to Products>File>General Range Edit

Select Load From the Cost are of the Edit screen.  Fill in the New Load.

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 Select Product Codes and other Range Criteria.  Click Ok.

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NOTE; General Range edit also includes the option "Load as a Percent of cost."  This will take the load percent listed in General Range edit and convert it to dollar value in the load field on the product record.

Loads and Load Percents can also be used to calculate formulas in Products. For example:
-> Cut cost is $12.50
-> Load Percent is 10% (making the load percent "cost" $1.25)
To create a formula, the calculate load/load percent needs to be added back to the cost like this:
(C+(C*LP))/.5 -- This would create the selling price $27.50.

 

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