"Rhino Warranty" Job
Definition: Any job where Rhino Pumps accepts financial responsibility for repair or replacement materials and/or labor costs (distinct from vendor/manufacturer warranties).
Objective: Track warranty costs and measure the retail value of warranty services/materials provided.
Protocol:
- Create warranty job quote at full retail price.
- Add all material and labor unit costs with normal profit margin markups.
- In the "Detailed Quote" tab ID column, add a 'Rhino Warranty' inventory item.
- Tab to the 'Unit Cost' column, enter zero.
- Tab to the 'Unit Price' column, enter a negative value equal to the total quote value. After this entry, the total quote should equal zero.
Non-Repairable Equipment Teardown
When tearing down non-repairable equipment, use the following pricing convention:
- Price on Labor = $100 & Cost on Labor = $0.