Cost Markup

The Work program's Cost Markup feature enables users to apply additional charges or overhead costs to the use of a Work Order Resource. For example: An agency must rent a trencher to perform a Work Order Task. The rental fee is $250 per day. The user adds a Cost Markup to the Equipment Resource record to account for those charges.

Note: Cost Markup calculations are applied to values in a Resource's Normal Time/Cost fields.

More information about Cost Markups

Cost Markup Grid

The Cost Markup grid for Work Order > Equipment Resource records lists cost markups that are applied as a group. Users can add records to this list individually or load items from the Cost Markup Library.

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How to add a Cost Markup to a single Equipment Resource

How to load Cost Markup(s) from the Library

How to add a Cost Markup to multiple Work Order Resources

Cost Markup Record Fields

Percentage

Applies a fraction of the Resource's cost to the Total Cost as a markup.

  • Enter a number. The system will divide this number by 100 for all calculations.

Flat Rate

Applies a set amount as a markup.

Calculate On

Controls how the system applies the Flat Rate markup.

  • 1|Units - Multiplies the Flat Rate by the Resource's Units value to calculate the markup.
  • 2|Subtotal - Adds the Flat Rate as a fixed value .

New Unit Cost Add-on

Displays the amount added per Unit. If the Markup method was:

  • Percentage = (Percentage/100) x Resource's Unit Cost
  • Fixed Rate on Unit - Displays the Flat Rate.
  • Fixed Rate on Subtotal - N/A.

Total Cost Markup

Indicates the amount that this Markup record will add to the Resource's Cost Markup value. If the Markup method was:

  • Percentage = New Unit Cost Add-on x Resource's Units
  • Fixed Rate on Unit = Flat Rate x Units
  • Fixed Rate on Subtotal - Displays the Flat Rate.

Note: When Total Cost Markup > Not To Exceed, the Not To Exceed value will replace the Total Cost Markup.

This value is rolled into the Cost Markup value on the Work Order Resource record; which, in turn, is rolled into the G Total Cost of the Task.

Not To Exceed

Identifies a limit at which this Cost Markup will be capped.

When Total Cost Markup > Not To Exceed, the Not To Exceed value will replace the Total Cost Markup.

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