News from David Ashkenaz --
Independent PrintSmith Consultant
May 2010
Dear PrintSmith Users,

 
During recent visits to PrintSmith Users, I have been actively setting up COSTING in PrintSmith. With the addition of TRACKER, the costing function is one of the best I have seen in a MIS program. Costing now gives the estimator/owner the actual costs of all functions of a job. This is very valuable information to estimate correctly and to function in this economy. How can one estimate without knowing their true costs?
 
In this issue, I will discuss costing as it relates to copier/digital boxes.
 
Please note that this is my way of costing, this may or may not be how everyone costs, however, my way will still give you your true costs!
 
I hope you enjoy and please keep those emails/phone calls coming!
 
Also, as of today, the most current version of PrintSmith is 8.1.9.
 
Sincerely,
 
David Ashkenaz
Independent PrintSmith Consultant
954-977-7811
 
COPIER/DIGITAL COSTING (click charge)
In this screen shot, I have an example of copier costing. You will need to put  your numbers in!
 
I prefer to put ALL of my costs per copy in the "click cost" field for the following reasons. In my option, it is very difficult to calculate 1) % of time in use 2) Developer 3) Toner per copy. Each month your volume count will change and the % in use also varies. As a result, I calculate my click cost to be (in this example):
 
 a) Over the past 6 months I averaged 300,000 copies per month and I had a lease payment of $600.00. This gives me a lease charge per copy of 0.002
b) My maintenance cost is set at 0.009 per copy.
c) My labor cost per copy is 0.004 and is calculated by 300,000 copies per month divided by 90 copies per minute to give me 55 1/2 hours of production. My labor of $1,200 calculated to $21.62 per hour (labor rate plus taxes/insurance/other overhead) comes to 0.004 per click.
 
So the total cost per click become 0.002 plus 0.009 plus 0.004 for 0.015
 
copier
COPIER/DIGITAL COSTING (paper charge)
 
The above copier is set up to have the stock cost "marked up stock cost" and then the box for "use copier/digital stock markup" is unchecked. As a result, the stock markup will be take from the stock definitions. The below screen shot show that the stock (cost $3.46 per 500 sheets will be marked up by 1.5.
paper
COPIER/DIGITAL COSTING (Total Cost)
 
cost1
In this example, now have out stock cost at $69.16 ($3.46 per 500 or $6.92 per 1000) and our click cost at $150.00 (10,000 x 0.015) for a total cost of $219.16.
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Please continue to call or email me with any questions at all.
Sincerely,
 
David Ashkenaz
Independent PrintSmith Consultant
954-977-7811
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