Update Pricing for a Resource

Update pricing for a resource from the Edit Pricing window.

You can also configure resource pricing while configuring rate schedules.

Update resource pricing

1. Select Configuration > Resources.

   A list of configured resource categories opens.

2. Select the category that contains the resources you want to price.

   The Resources window opens and displays the active resources configured for the selected category.

3. Select Pricing.

   The Edit Pricing window opens.

4. In Rate Schedule, select the rate schedule.

5. In Grouping, do one of the following:

   • Leave Grouping set to (all) and select Display to show all active resources.
   • Select a specific grouping and then select Display to show only the active resources in that grouping.

6. Select a resource row.

7. In Pricing Method, select the pricing method. See Pricing methods table below.

8. Update the pricing values as needed.

9. Repeat the process for additional rate schedules or groupings.

10. Select Close.

Pricing methods

Pricing method	Description
Half Day/Full Day (Event Time)	Compares the event duration to the value in Hours. If the event duration is less than or equal to the specified hours, EMS applies the half-day price. If the event duration exceeds the specified hours, EMS applies the full-day price.
Half Day/Full Day (Reserved Time)	Compares the total reserved time, including event time and reserved time, to the value in Hours. If the reserved time is less than or equal to the specified hours, EMS applies the half-day price. If the reserved time exceeds the specified hours, EMS applies the full-day price.
Half Day/Full Day (Service Time)	Compares the service duration to the value in Hours. If the service duration is less than or equal to the specified hours, EMS applies the half-day price. If the service duration exceeds the specified hours, EMS applies the full-day price. This pricing method is available only for resources with service orders.
Hourly (Event Time)	Multiplies the value in Price by the event duration in hours. You can also use flat, minimum, and maximum charges.
Hourly (Reserved Time)	Multiplies the value in Price by the reserved time in hours. You can also use flat, minimum, and maximum charges.
Hourly (Service Time)	Multiplies the value in Price by the service duration in hours. You can also use flat, minimum, and maximum charges. This pricing method is available only for resources with service orders.
Hourly (Specific)	Multiplies the value in Price by the number of hours entered when the resource is added to a booking.
Unit	Applies the value in Price regardless of the event duration or reserved time.

Pricing fields

Field	Description
Price	Amount used to calculate the resource charge. If the pricing method is Unit, EMS applies this amount regardless of the event duration or reserved time.
Discount	Percentage discount applied to the calculated charge. Confirmations and invoices display the original amount, discount percentage, and discounted amount.
Min. Charge	Minimum amount EMS applies when using hourly pricing methods. If the calculated hourly charge is less than this value, EMS applies the minimum charge.
Max. Charge	Maximum amount EMS applies when using hourly pricing methods. If the calculated hourly charge exceeds this value, EMS applies the maximum charge.
Flat Price	Fixed charge that remains the same regardless of the number of hours booked. Used with Hourly (Event Time) and Hourly (Reserved Time).
Half Day Price	Amount charged when EMS applies a half-day rate using a Half Day/Full Day pricing method.
Full Day Price	Amount charged when EMS applies a full-day rate using a Half Day/Full Day pricing method.
Hours	Threshold used to determine whether EMS applies the half-day price or full-day price when using a Half Day/Full Day pricing method.