In this section you enter the standard price information, and whether the tool belongs to the Fixed asset register or not.
Standard Price
This is where you enter a standard price for the tool.
Unit
Here you enter a standard price unit for the tool, if you want to use a different one than the tool group default.
Fixed assets
This is where you decide whether the tool belongs to Fixed assets or not, or whether it is the customer’s tool. If the tool is included in the fixed asset list, it can be valuated here instead of in the Tool Inventory Value List procedure.