Markup calculation levels
When you want a markup in the Grand total section of the pricing summary or cost item pricing to consider previous markups, you can add markups at different calculation levels. Change adds the value of lower-level markups to the grand total to calculate the next level markup.
Markups can be set at levels 0 through 4. Level 0 is considered the root level. The markups are based on the grand total in a cost item or grand subtotal in the pricing summary and show below those lines. Markups to other sections are also considered level 0. Markups for subsequent levels are calculated from the subtotal plus markups from lower levels. For example, if markups in cost item pricing are 1% for levels 0, 2 and 4; 2% for level 1; and 5% for level 3, and the grand total is $1000, Change calculates the values as follows:
- Level 0: $1000 x 1% = $10
- Level 1: $1010 x 2% = 20.20
- level 2: 1030.20 x 1% = 10.302
- level 3: 1040.502 x 5% = 52.025
- level 4: 1092.527 x 1% = 10.925
The total markups to the grand total in cost item pricing is 103.452.
The various markups from cost item pricing are shown in the grand subtotal in the pricing summary. When multiple markup levels are added to the grand total in the pricing summary, they show under the grand total. Markup levels can be added to the pricing summary at the issue, PCO, and CCO levels. The following image shows the Pricing summary page with the markup levels from the above example and two levels of markups added from the pricing summary.
