1. Selecting a Register

First open the Pricing Formulas register from the menu.

You can also open the register using by clicking the shorcut; icon, set in the taskbar.

2. Creating a New Formula

Click the new record button in taskbar . A blank form made ready for entering of a new formula is opened.

Enter formulas used in non-standard pricing in the Formula register.

Formulas are an exceptionally powerful tool for determining non-standard pricing. You can use them wherever prices are variable and can then be set on the basis of defined criteria.

Most often they are used for contract prices and with pricing of different prices according to the quantity of consumption with Fixed nonstandard margin (e.g. a certain customer has 7% margin on gross purchase price).

Enter in the register:

ID	A maximum three-digit formula ID can be entered to this field.
Name	Formula name used to make selecting easier.
Formula	A correctly formulated expression used in pricing. For detailed treatment on syntax and operators that can be found in formulas see the following topics: Formulas Using logical expressions in formulas Using stored procedure in pricing formulas
	Click this button to test formula (see testing and correcting formulas). The formula test checks normally used controls and whether you put the appropriate variable name between the number signs (#) (see the list below). If you refer to the variable between the number signs (#) which cannot be found in the list below, the formula test returns an error (see Variable XX is not defined at this location!).
Description	Here you can enter any text on how the pricing formula is carried out.
	By using this button copies the selected formula to a new one. Change the formula ID and enter any other required change.

Formula is a mathematical expression that can be created by using the variables, mathematical symbols and logical expressions.

Variables Used in Pricing

Additional Variables

They are used for valuating prepartion and production resource costs in manufacturing MF. For instances where this formula is used see:

• Work orders MF - Movements,
• Criteria in cost estimation breakdown,
• Criteria in summary cost estimation.

Instead of the above specified foreseen variables you can perform pricing also by creating a stored procedure (see Using stored procedures in pricing formulas).

To see how prices are generated on the basis of the entered data see Hierarchy in setting prices!

See Taskbar for a general description of its functions.