Job Markup % Schedules
Issue/Symptom/Question
When using Job to Date Cost * (1+Markup %) as the revenue recognition for a job, where do we put the markup % for a specific job?
Applies To
PENTA for Windows
Project Management Revenue Recognition
Job Markup % Schedules
Setup Markup Schedule for Specific Jobs:
Project Management > Jobs > Job Standard Charge Schedules
Setup Standard Markup Schedules:
Billing & Accounts Receivable > Setup > Standard Pricing Schedules
Add Standard Pricing Schedule to Job:
Project Management > Jobs > Job Information - Invoicing Tab
Resolution/Fix/Answer
To add a Markup % to a specific job, you can use the window(s) found in Project Management > Jobs > Job Standard Charge Schedules
For a more 'general' markup schedules, the Billing & Accounts Receivable > Setup > Standard Pricing Schedules can be used. This is not job-specific but, can be set up to be used for T&M jobs.
Once the Standard Pricing Schedule has been set up, you can add the schedule to the job via Project Management > Jobs > Job Information - Invoicing Tab