Second-Stage Calculations for Erection Fees

Setting Up Second Stage Calculations for Erection Fees in ShedMate

1. Introduction to Second Stage Calculations 0:00

Overview of manipulating groups in Shedmate.
Focus on estimating erection costs based on shed material or base price.

2. Accessing Pricing Calculations 0:10

Navigate to pricing calculations in Shedmate.
Understand that the list is incomplete but sufficient for demonstration.

3. Creating a Second Stage Calculation 0:36

Identify specific items in groups to explore.
Set up a second stage calculation with a specific markup.

4. Defining Markup Variables 1:03

Create a variable for business markup (e.g., 0.4).
Explain how changing this variable affects all categories.

5. Understanding Taxes and Discounts 1:53

Discuss the role of taxes (GST) and discounts in pricing calculations.
Explain how discounts can remove pricing associated with specific calculations.

6. Example of Erection Fee Calculation 2:14

Create a variable for erection fees (e.g., 50% of shed kit cost).
Explain the common methods of quantifying erection fees.

7. Implementing the Second Stage Calculation 3:28

Describe how to set up the second stage calculation in ShedMate.
Use the total from previous calculations to derive erection fees.

8. Creating a New Variable for Erection Fees 4:43

Demonstrate creating a new variable without marking it as a second stage calculation.
Show the difference in accessing elements.

9. Duplicating Items for Erection Fees 5:23

Duplicate main items to create a new group for erection fees.
Specify the new group as a second-stage calculation.

10. Confirming Erection Fee Pricing 6:07

Confirm the pricing for erection fees based on the created variable.
Sort by price to see the impact of the erection fee.

11. Verifying Calculation Accuracy 7:10

Check the base price and confirm calculations match expected values.
Adjust the formula if necessary.

12. Saving and Applying Changes 9:13

Discuss saving the pricing database and applying changes for future projects.
Explain the flexibility of modifying pricing for specific projects.

13. Implementing Point-of-Sale Options 10:15

Create a variable to include or exclude erection fees in point-of-sale.
Explain how this impacts pricing based on customer choices.

14. Finalizing the Setup 12:03

Review the setup in the instant quoting system.
Demonstrate how changes in variables affect overall pricing.

15. Conclusion and Best Practices 13:10

Summarize the importance of public variables and second stage calculations.
Encourage exploring similar setups for other categories in ShedMate.