About Surcharges

Surcharges allow you to create a more accurate item price by accounting for fluctuating commodity prices. You may apply surcharges to:

Purchase orders
Vouchers
Customer orders
Invoices

Surcharge Calculation

An estimate of commodity cost is built into the cost of the item, and is represented by the Base Price field. This formula accounts for market fluctuation, then applies a surcharge based on the amount of the commodity that is contained in the item, as well as a general surcharge factor.

Unit surcharge = (Actual price - Base Price) * Content Factor * Surcharge Factor

Reports/Utilities

Surcharge information is included on these reports:

Purchase Requisition Report
Purchase Order Requisitions
Estimate Response Form Report
Order Verification Report
Consolidated Invoicing
Order Invoicing/Credit Memo