When using the estimating feature, customers have the ability to add or subtract a markup percentage on project cost totals.
1. In this set up, the project markup percentage is being added to the project cost total. In the template editor, add a field with "Project Markup Percentage" workflow field state. The field type must be either "Decimal" or "Integer".
2. Add a field with "Project Cost Total with Markup” workflow state. The field type should be "Dollar Amount".
3. When the Project Cost Total (PCT) field is updated, the Project Cost Total with Markup (PCTWM) is also calculated as PCTWM = (PCT*(1+PMP/100)). For example in the image below, the Project Cost Total = $35.00 and includes a markup percentage of 10%, so the Project cost total with markup = $38.50.
4. In the following set up, users can include a discount which subtracts a percentage from the project cost total. Add a field with “Project Markup Percentage 2” (PMP2) workflow field state to template. The field type can be either an Integer or Decimal.
5. Add a field with “Project Cost Total with Markup 2” (PCTWM2) workflow field state to the template. The field type must be a "Dollar Amount".
6. When the Project Cost Total 2 (PCT2) field is updated, the Project Cost Total with Markup 2 (PCTWM2) field is also calculated as PCTWM2 = (PCT2*(1+PMP2/100)). For example in the image below, the Project Cost Total 2 = $100.00 and subtracts -20%, so the Project cost total with markup 2 = $80.00.
Comments