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General Information about Alloy Codes / Mark-ups

Why Use the Alloy Codes / Mark-ups Procedure?

Alloy costs for stainless steel are tradition within certain trades. When purchasing stainless steel, the alloy cost is added to the regular price. The alloy costs are updated per month by steel wholesalers. These costs are affected by the world market price for alloying metal. The current alloy cost at the time of delivery is used.

Sometimes a supplier in the processing industry that has purchased the raw material of stainless steel, can charge the alloy cost separately for a processed detail. This supplier will neither risk nor benefit from the fluctuations of the alloy costs.

Why Use This Procedure?

The Alloy Codes / Mark-ups window is used to create a customized list of alloy codes as well as to update the alloy costs, which are used to calculate the alloy cost for different materials that are incorporated in parts for which you make Preparations.

You can also use this procedure to update and manage other similar mark-ups per quantity, for example environmental mark-ups.

The codes created in this procedure will then be linked to the incorporated raw material. These creates calculation basis for the Pre-Calculation procedure. It is also possible to manually select the additions in the Purchase tab in the Update Part - Purchase procedure or via list type Receiving inspection in the Part List - Purchase procedure. Then the mark-ups (that are updated every month) will appear as an extra row on the customer order and invoice.

In the Update Services procedure in the Sales module, service codes of the type Alloy costs shall be registered, in order to be linkable to alloy codes/mark-ups. Then you can have the functionality "quantity change" when modifying the order row's quantity. It is also possible to select Update intrastat for the service codes, if they should be accounted for in intrastat reports.

In the Update Customer procedure you can configure how to manage alloy costs/mark-ups.

Window Functions

Read more about the Window functions under Window Functions in the MONITOR Basics guide.