Add a Fee to your Items - Pricing Items based on a Fee of your Cost

Modified on Wed, 14 Jun 2017 at 05:06 PM

If you plan on pricing your items based on a Fee of the cost, you can add a Fee percentage type.

This Fee type is generally used if you are acting as a Purchasing Agent for you client and are not billing them for the goods. The client is paying the vendor directly and you are billing a fee for your services.

1. Add or Edit an Item in the Project.

2. Choose the  sign to Add a Component (cost/pricing information) or the  to Edit an existing one.

3. Be sure that your % Type is set to Fee.

4. Enter the Fee %. 

5. Enter your Unit Base Cost.

6. The Sell Price will automatically calculate based on the Unit Base Cost x the Fee %.

7. Choose OK.

You can set each of your Component Types to automatically be set to a Fee % Type, as well as enter a default Fee percentage amount. There is an overall Company setting for this; however, each Project can also have separate settings.

Company Setting: 

Project Setting: