Updating Rates on a Transaction Rate Sheet

Updated by Cheryl Wallace

Transaction rates can be updated by three methods:

  • Edit the rate manually for one or several part numbers on a transaction rate sheet.
  • Import the rate sheet to overwrite existing rates on a transaction rate sheet.
  • Use Update Rates to calculate rate changes by a percentage value.
Any part number on the rate sheet set as Locked will not be updated.
Using Update Rates
  1. Look up the rate sheet to edit under Transaction Rentals > Transaction Rate Sheets.
  2. Click Update Rates.
  3. Select either of the options available:
  • Percent of Current Rate - Enter the percentage of the current rate. This will apply to all values on the rate sheet.
    Example: For a 10% increase over the current rate, enter 110%.
  • Percent of Cost - Enter only the percentage of the cost for each rate to update. Any rates with 0.00 will be ignored. Options for Hourly, Daily, Weekly, Monthly, all the Idle Rates, Minimum Charge, Maximum Charge, and Selling Price.
    Example: To charge half the cost, enter 50%. To charge twice the cost, enter 200%.
  1. Click OK to proceed.
  2. Click Yes on the confirmation message to calculate and save the new rates.

See also:

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