You can view item costs in different units, such as thousand board feet (MBF) and tons, in both the Inventory and P.O. (purchase order) modules. This feature is especially useful for products that are priced by suppliers in a different unit of measure than you use for your inventory items. You costs in the following alternate units:

  • Board Feet (MBF):  Measure cost per thousand board feet (MBF) based on the item’s depth, width and length
  • Square Foot (MSF):  Measure cost per thousand square feet (MSF) based on the item’s width and length
  • Ton:  Measure cost per ton based on the item’s weight in pounds or ounces

To learn how this feature works, see the lumber example at the end of this article.

How to view item cost in MBF

  1. In the Inventory module, open the lumber item, and then click the Pricing tab or press PgUp three times.
  2. In the Item Cost pane, in the Cost Per list, select MBF.
  3. In the Cost of Lumber Wizard window, enter the dimensions for the lumber item, and then click OK.
  4. In the Item Cost pane, the new PO costs will appear in MBF units. Equivalent values will appear.
  5. Click Save or press F12.

    Note: Both the cost for the item and the equivalent MBF cost will appear on the purchase order that you create for this item.

How to view item cost in MSF

  1. In the Inventory module, open the lumber item, and then click the Pricing tab or press PgUp three times.
  2. In the Item Cost pane, in the Cost Per list, select MSF.
  3. In the Cost Per Square Foot Wizard window, enter the dimensions in feet or inches, and then click OK.
  4. In the Item Cost pane, the new PO costs will appear as MSF units. Equivalent values will appear.
  5. Click Save or press F12.

    Note:  Both the cost for the item and the equivalent MSF cost will appear on the purchase order that you create for this item.

How to view item cost in Tons

  1. In the Inventory module, open the lumber item, and then click the Pricing tab or press PgUp three times.
  2. In the Item Cost pane, in the Cost Per list, select Ton.
  3. In the Cost Per Ton Wizard, enter a value in pounds or ounces. Equivalent values will appear.
  4. In the Item Cost pane, the new PO numbers will appear as units per ton.
  5. Click Save or press F12.

    Note: Both the cost for the item and the equivalent tonnage cost will appear on the purchase order that you create for this item.

A lumber example

The following example shows how this feature works.

Let’s assume you sell lumber with the following dimensions, 2 inches x 4 inches x 8 feet, and you want to see the item cost in MBF (thousand board feet) units.

To do this, in the Inventory module, open the lumber item, and then click the Pricing tab or press PgUp three times.

Note: The Item Cost pane layout has changed, but the information is the same.

In the Item Cost pane, in the Cost Per list, select MBF.

Choose MBR from list

When you select MBF, a Cost of Lumber Wizard appears. Enter the dimensions for this lumber item, and then click OK.

MBF cost wizard

After the wizard closes, new PO numbers appear in the Item Cost pane. These numbers show the item costs for a thousand board feet (MBF).

View item costs in MBF

In this example, the average cost (Avg) of $2 is used to calculate the first PO value of $375 per MBF. Similarly, the market value cost (Mkt) of $3 is used to calculate the second PO value of $562.50 per MBF. The Last box displays the item cost of $1.00 from the most recent purchase order as well as the equivalent MBF cost of $187.50.

Note: To ensure precise PO cost values, calculated numbers are saved at much higher accuracy (more values after the decimal point) than we display.

To save the MBF calculations, click Save or press F12.

Once the MBF costs are saved with the inventory item, both the cost for the item, and the equivalent MBF cost, will appear when you add this item to a purchase order.

MBF in purchase order

If you have questions or suggestions about this information, contact support@paladinpos.com.

*Content is subject to change. For the most recent version, visit the Help Portal.
Printed on: 10/30/20