How to add an Ethernet daisy chained device in Management Console PME and ION Setup?

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Issue
With the release of the PM8000 and the PM5000 there is an entirely new method of adding devices. Previously daisy chained devices had a master and each device downstream from that would be a slave, however with Ethernet daisy chaining this structure no longer applies.

Product Line
ION Enterprise 6.0
Power Monitoring Expert (PME) 7.2.x
Power Monitoring Expert (PME) 8.x
Power Monitoring Expert (PME) 9.x
Power Monitoring Expert (PME) 2020
Power Monitoring Expert (PME) 2021
Power Monitoring Expert (PME) 2022
Power Monitoring Expert (PME) 2023
Power Monitoring Expert (PME) 2024
ION Setup
PM5000 series
PM8000 series

Environment
Meter Initialization
Power Monitoring Expert
ION Setup

Resolution
**The IP address has to be unique for all the PM5000 or PM8000, although the Gateway and Subnet mask address is shared
When adding Ethernet daisy chained PM8000 or PM5000 meter into the Management Console PME and/or ION Setup, the Ethernet Device option needs to be selected in Management console.
**No site is added in Management Console, and when adding the site in ION Setup, select Ethernet and leave Gateway unchecked.

Note: Only the PM5560 and PM5563 have dual Ethernet ports. All other meters within the PM5000 series will either be added as an Ethernet device or serially connected device.