Your Embroidery price list can consist of any number of items, each of which can use any of the 4 different pricing “methods”
Edit -> Embroidery Prices
New
button to create a new itemGeneral
Additional Charges
Autoschedule Machines
Menu Description
- represents the actual caption of the pop-up menu which appears when you click on the Add Embroidery
button, in the sales screen.
Print Description
- is the default description that will print on your quotations, work orders and invoices. You can at any time override this description within the sales screen.
Out Source To
- If you are planning to out source the embroidery to another contract embroiderer then select the supplier you want to out source it to from the drop down list. FastManager will then automatically add it to the purchase order wizard.
Sales Group
- this will determine under which sales group FastManager will group all sales of this price list. It also determines which item code FastManager will select in QuickBooks when exporting the invoice.
Default Stitch Count
- this is the default stitch count that FastManager will use to calculate the selling price. You can change it on the fly when entering a sales order.
There are 4 embroidery pricing methods to choose from:
You need to select which method you want to use to price out embroidery on this price list. You will then see an Edit
button that you can click on which will open another window where you can enter your price matrix.
If you select the Flat Price option you simply need to enter the cost and retail price of your embroidery. This is a very basic flat rate system and the price does not fluctuate
You can select to enter both the cost and retail or calculate either by selecting the appropriate option from the top.
Enter:
markup
percentage.Re-Calculate
and FastManager will calculate the retail (selling) prices for youmargin
(percentage)Re-Calculate
and FastManager will calculate the cost prices for you, based on the desired margin
Re-Calculate
button to refresh your prices if you alternate between calculating methods.
Pro-rated matrix based on stitch count and quantity
This option will start a look up and then calculate a selling price based on the quantity and number of stitches on the embellishment.
First you will enter a base price that will include a specified number of stitches and then add a pro-rated amount per thousand stitches, to be added if the stitch count is higher than the initial number of stitches included.
For example:
Stitches Incl
and a selling amount under Retail
, let's say: $5.50Rate per thousand
column, let's say: $0.70 (we are adding 70 cents per 1000 stitches above the initial 5000)
This matrix works well if you charge a flat rate if the stitch count falls within a specified range.
12
, if the stitch count is anywhere between 2000 and 4999
stitches then the selling price will be $5.00
2300
or 4500
you will still charge $5.00
(with different rates being charged within different stitch count ranges)
Start by entering the total number of Stitch count breaks
you will have (the number can easily be changed later, but you need at least 2 for this to work)
Both cost and retail
- Your Retail
and the Your Cost
tabsCost and calculate retail
- Your Cost
tab (including the Markup
column) and click on Re-Calculate
to populate the Retail tabRetail and calculate cost
- Your Retail
tab (including the Margin
column) and click on Re-Calculate
to populate the Cost tab
Next, on the Your Retail
tab - click on the column header: click to edit
and enter 0
as the first stitch count break.
0
Then enter the next stitch count break in the 2nd column, 3rd column, and so on
Now enter the selling price on the first row under each of those columns
Then you can proceed to enter quantity breaks under the Qty
columnn with corresponding selling prices in each “stitch-count break” column.
You can add an unlimited number of additional charges such as digitizing, artwork, bagging and special thread colors etc.
Click on the Additional Charges
Tab
Add
buttonEdit
button.Delete
button.
1.) Defaults (can be overridden on the order)
Select if you want FastManager to add this additional charge to the sales screen by default.
Additional Charges
2.)Basic Settings
Next enter a user friendly menu description.
Then enter the default print description. This is the description that will print on your quotations, work orders and invoices. You can over type this description in the sales screen.
If you are out sourcing this additional charge check the 'Out source to' check box and select a default vendor from the drop down list. FastManager will add this item to your PO wizard if this option is selected.
You can have FastManager sync the number of items, by default, with the number of colors or items if you like.
3.) Cost & Selling price
Enter your cost and selling price
The cost has a twofold purpose:
4.) Tax settings
Select if the line item should be taxed or not.
Tax 2
will almost always be Non - don't change this unless you have a good reason to do so
5.) Scheduling Options (only relevant if you have the Scheduling module enabled)
If you are using the auto scheduling module, you can select if you want FastManager to automatically create a task or simply add additional time to your machine if this charge is present as a line item in your work order.
Digitizing
you may want to create a task for your art department. Metallic Thread
you may simply want to add an additional 30 seconds per garment to your machine time.
If you are creating an additional task you can also specify when you want FastManager to schedule it.
When complete, click on the Save
button to commit your changes.
Save As New
Scheduling → Embroidery Machines
If you want to make use of FastManager's auto scheduling module you need to tell FastManager how to select and schedule a machine when using this embroidery item.
Click on the Auto Schedule Machines
tab.
To edit an existing machine, select the machine from the list below, and click on the Edit
button.
To delete and existing machine from this price list, select the machine from the list below, and click on the Delete
button
To add a new machine, click on the Add
button.
\
Once you click on either Edit
or Add
, you should see this screen:
From the drop down list select the machine that you want to include in the list of machines that can accommodate this price list.
We now need to tell FastManager how it is going to calculate production time for this machine.
First we need to enter a base time.
This would be the minimum time that you want to schedule a job for and FastManager will start with the base time. This would basically include how long it takes to get the shirts, thread and backing to the machine. This does NOT include setup and break down time.
Next we need to enter the setup and break down time.
This time is calculated “per head”. Thus FastManager will multiply the time with the number of heads, and then add it to the base time.
Next you need to select your machine speed - how many stitches can this machine run per minute.
Bear in mind that this number could change depending on the type of embroidery, specifically: the type of embroidery that this particular pricelist item is being setup for.
Click on the Save
button when you are done.