InEight Change - Pricing markup

Pricing markup

The Pricing markups Configurations (Project settings > Change > Configurations > Pricing markup) is used to bring over markup values into the Pricing summary and cost item pricing.

You can configure a predefined set of markups, and either have the markups automatically populate in the Pricing summary tab or Cost item pricing tab for an issue or choose to select specific markups from a list set.

Item Number	Field	Definition
1	Markup Name	Actual name of markup.
2	Markup percentage	Amount added to the cost price of goods or services to cover overhead and profit.Percentages can have up to three digits before the decimal and can be a positive or negative value.
3	Applied to section	The section that the markup applies to, which includes Labor, Equipment, Materials, Small tools & supplies, Self-perform subtotal, Vendor Subtotal, Time related overhead, and Grand total.
4	Markup level	Markup calculation levels can be added to the Grand total in cost item pricing or to the Grand subtotal in the pricing summary. Levels 0-4 are available. Markups to other sections are automatically added at level 0. See Markup calculation levels for more information.
5	Auto Display	If set to Yes, the markup populates automatically under the Pricing summary column. If set to No, you have the option to bring in the markup, but the markup does not show automatically.

Item Number

Field

Definition

Markup Name

Actual name of markup.

Markup percentage

Amount added to the cost price of goods or services to cover overhead and profit.Percentages can have up to three digits before the decimal and can be a positive or negative value.

Applied to section

The section that the markup applies to, which includes Labor, Equipment, Materials, Small tools & supplies, Self-perform subtotal, Vendor Subtotal, Time related overhead, and Grand total.

Markup level

Markup calculation levels can be added to the Grand total in cost item pricing or to the Grand subtotal in the pricing summary. Levels 0-4 are available. Markups to other sections are automatically added at level 0. See Markup calculation levels for more information.

Auto Display

If set to Yes, the markup populates automatically under the Pricing summary column. If set to No, you have the option to bring in the markup, but the markup does not show automatically.