A "Price Adjustment" is a discount or upcharge that can be applied to the total product value, total labor value, or total value in the quote.
For example, "Seasonal Discount", "Peak Season Surcharges", "Freight Charges", "Miscellaneous Accessories", and so on.
Typically, you will want to add an adjustment when:
You want to avoid applying discounts on products or packages, but want it at the project level.
You want to factor in labor rate surges during festive seasons.
You want to factor in freight charges or other charges that do not fall under any price categories on Cloud.
Add adjustments
To add an adjustment:
1/ Go to "Settings > Catalog > Adjustments" in the left navigation menu and click "New adjustment." This will open the modal to add the adjustment.
2/ In the modal, do the following:
a/ Add a name for the adjustment.
b/ Specify a percentage or an amount in the "Amount" toggle.
c/ Specify a percentage or an amount in the "Cost" toggle.
d/ Setting “Sync Cost with Amount” to ON will keep the cost configuration in sync with the amount configuration.
e/ Specify the tax rates for the adjustment.
f/ Specify if the adjustment should be auto-applied in quotes.
g/ If auto-apply is set to ON, select what the adjustment should be applied to under "Apply Adjustment Amount and Cost To": "Product Cost/Total," "Labor Cost/Total," or "Product and Labor Cost/Total." If "Sync Cost with Amount" is ON, this option reads "Apply Adjustment Amount To."
3/ Click "Create."
All auto-applied adjustments are listed under the "Review" tab in the quote. You can delete an auto-applied adjustment manually if you do not want it.