How to best manage equipment sell rate per project in Acumatica & MYOB Advanced

Hello,

If your company has rapidly changing costs for equipment or many different billing rates for the same equipment depending on the project & customer, versus a standard price for each piece of equipment, you may find maintaining these different prices to be challenging no matter how it is configured.

Consider using standard prices per equipment or a standard markup from equipment cost.

You may like to explore use of Equipment features of Acumatica versus non-stock items. Project Equipment features may more closely align with the needs of a company that regularly uses Equipment on Projects. (Look for Y o u T u b e videos or posts on this community about Project Equipment and ask your Partner).

Instead of using Rate Tables, consider using a few different Billing Rules on the Equipment lines of the project, with different Markup in place of ‘Rate’ on the billing rule Invoice Settings. Notice, individual Project Tasks may have a different Billing Rule from the rest of the project if needed.

I hope some of my ideas help you.  I expect other posters will follow with even more ideas.  Good luck!

Laura