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QB - 03.04 Program Options - M/U Cost Codes (Associating Cost Codes to Various Markups for Exporting and Reporting Purposes)

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The M/U (Markup) Cost Codes tab allows you to specify unique Cost Codes to the markup on Material, Labor, Equipment, and Other Markup charges. These codes are used to control the layout of information shown on Bid Reports and Bid Exports.

If these fields are left blank, the Markup values are simply assigned to the Cost Codes from which they are generated.

Caution

Some Accounting Exports include an option called "Include and Distribute Material Tax" . When this option is checked, the Material Tax is rolled into the Material Cost Code from which it is derived, however, when unchecked, Material Tax is not included in the Export at all, even if you assign Material Tax to a Cost Code.

Job Budget Export - Include and Distribute Material Tax?

Other Accounting Exports include an option called "Distribute Tax". When this option is checked, Material Tax is rolled into the Material Cost Code from which it is derived when this option is selected. However, when unchecked Material Tax shows as a separate line up, with the same Material Cost Code, but with a different Category Code (MT).

Job Budget Export - Include and Distribute Material Tax?

See Related Articles at the bottom of this article for additional information about the various exports available in Quick Bid.

To enter a Cost Code, click on the field and type it in or click the Lookup tool to select from a list. See Chapter 3 for more information on Cost Codes and Account Codes.

Program Options - New Bid

Program Options - Lookups

QB - 14.02 Bid, Labor, Material, and Accounting Exports