To create a new material type to be entered into LaserQuote navigate to the top menu as per the screenshot below:
Materials refers to your raw type material like sheet metal , plate , RHS , SHS , Pipe , angle etc.

The following screen will be presented :

Enter the fields data as required . The Bysoft Code is specific to Bysoft users and it has to be the exact spelling of this material type as featured in your Bysoft version.