Use this tab to define markup for an item or a specific cost element. Markup is the difference between the cost of a product or service and its selling price. A markup is added onto the total cost incurred by the producer to cover expenses and profit in fixing the selling price. Markups can be defined as a value or a percentage add-on of the accumulated cost. It is either possible to define the markup for a whole item or for just a specific cost element.
When it is a requirement to define markups for the entire estimate then can this be done as a part of the version handling. Markups defined for a version are applied on the top items. If it is necessary to differentiate the markups for the items in the tree structure then exists the option to define them per item.
Note: It is not possible to add markups to additional costs. An additional cost is a cost that the company must pay for independent of sales or not. Since they are stable reoccurring costs is the need of markup insignificant.
Enter Estimate Request - Product
Enter Estimate Request - Generic