Understanding Items and Item Prices for Takeoffs
You must enter items, which include construction materials such as lumber, as well as windows and appliances, when you are using takeoffs. Takeoff items are attached to takeoff master records.
You can enter and maintain takeoff items on either of these forms:
Item Maintenance.
Use this form to enter information for multiple items.
Item Master Revisions.
Use this form to enter information for a single item.
The information that you enter on the Item Maintenance form and the Item Master Revisions form is stored in the Item Master table (F4101). The system also updates Homebuilder-specific information, including the Price Factor, Default Price, Default Supplier, Default Cost Code, and National Commodity fields, in the Item Master Homebuilder Extension table (F44H4101). The system updates the Material Item Pricing table (F44H603) when you enter detailed item pricing information.
For each takeoff item, you add price information according to the supplier that you selected to provide the item. You can also specify a supplier TBD. For each supplier, you can enter price information at multiple levels including area, community, and phase, as well as national purchasing areas, communities, and phases. You use the Item Price Revisions form or the Item Price Maintenance form to add price information. Using either of these forms, you can:
Set up price records with effective and expiration dates.
Use wildcards in the Community and Phase fields.
Modify existing price transactions without creating historical records of the changes.
Alternatively, you can modify the price, effective date, and expiration date and track the historical changes.
Apply both standard and model-related discounts.
You can set up discounts based on a set monetary amount, a percentage, or a quantity. The system calculates the discounts during the Lot Start process.
Use price revision numbers to track and organize pricing records.