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MarkUp

In the MarkUp panel of the Standard Tables dialog box you are able to enter and maintain standard markups, and add-on costs, on the parts and labor rates with which you build Manager orders. You are also able to enter overhead markups for use with the Manager Profit Wizard. 

Note: These Markups are the default markups and can be overwritten when you create orders.

To Enter/Edit Markup Information:

1. Select Markup from the Standard Tables dialog box (a selection from the Setup menu).

2. Select the appropriate option button to display percentages as a MarkUp over cost or as a percentage of the profit.

 For example, a part that costs $1.00 with a 100% Mark Up will be priced at $2.00 on the order. A $1.00 part with a 50% Profit will also be priced at $2.00 on the order.

3. Enter/edit data as necessary. The dialog box contains the following data fields:

  • Sublet Markup %- The percentage, over/under cost, or profit percentage, that sublet operations are priced at on the order.

  • Parts Guide %- The percentage, over/under Estimating Guide list price,that parts taken from Estimating Guide will be priced at on the order. For example, a part with an Estimating Guide price of $1.00 that is marked up at 5% will be priced at $1.05 on the order.
  • Labor Guide % - The percentage, over/under Estimating Guide labor & time, that labor operations taken from Estimating Guide will be entered onto the order. For example, a labor operation with an Estimating Guide value of one hour that is marked up at 5% will be entered as 1.05 hours on the order.

  • Shop Overhead % - The percentage allocated for shop overhead of parts     and labor subtotal (before taxes) for use in profit wizard analysis.

  • Miscellaneous Overhead %The percentage allocated for miscellaneous overhead of parts and labor subtotal (before taxes) for in profit wizard analysis.

     4. Select OK to save your entries and exit.