Setting Default Markups

See also Setting Default Indirect Expenses

Database-level default Markups are preset percentage entries for Escalation, Material Sales Tax, Overhead and Profit.  As you enter bid costs, these settings are automatically applied to material, labor, indirect costs, equipment and other costs.  Setting database-level defaults for Markups and indirect expenses will cause all future bids to automatically use these settings.

 

  1. It is important that you understand how Markups affect your bid.  It may help you to first change these settings at the bid level through the Markups tab rather than modifying these database-wide settings at the Tools menu.  Experiment with all the options.  Analyze the results on your reports.  When you are comfortable with the results, then modify your Markup and Indirect Expense database-level defaults as outlined below.

  2. From the Tools menu, click Default markup for all sections.  The Default Markup (Master) dialog appears.  

  1. Double-click Default markup for all sections in the Default Markup (Master) dialog.  The Default markup for all sections (Master) dialog appears.  

  2. You can use the existing 'Default markups for all sections" to apply the same Indirect expenses to all sections. Or you can click Add to select any existing Section to setup custom default Indirect Expenses (and Markups) for that specific section. If you add Sections to the Default Markups list, you must setup Indirect Expenses and Markups for each of those sections or none will be applied.

  1. Make your entries and click to return to the Default Markups dialog.

  2. Click .  You markups will be set.

 

Changing section markup entries

You can modify the settings in a section at any time. Keep in mind that when you add new sections, they will contain the settings you input in the Default markup for all sections dialog.

  1. To modify the entries for a section, in the Default Markups dialog, click on a section (in the example, 01500), and click (or simply, double-click on the section number). The Default Markup for (that particular section) appears.

  1. Make your changes to the entries and click to return to the Default Markups dialog.

 

Default Indirect Expenses

Named Sets

Bid Markups