Pricing, fees and the footer on an estimate
Price each line, set fees on the whole estimate, ask for a deposit, and read the footer.
Written By Julia M.
Overview
Each line has the name your client sees on the left and its pricing on the right. Below the items, the fees box covers the whole estimate, and the footer keeps the total in view.
Watch it: the Finances lesson in Campus, step 2, “Make an estimate”, chapter 3, “Price a line” (starts at 0:52) and chapter 7, “Fees and the footer” (starts at 2:51).
Price a line
On the left is the name your client sees, with the vendor and item from your Library underneath, then the description and specs.
Specs come from the Library and stay read only. To change them, choose Edit product and the Library opens beside you.
On the right is the pricing, in the order the math happens: unit cost, markup, discount, freight and tax, then the line total and its deposit.
Switch Markup to Margin if that is how you think, and percent to dollars on any discount or fee.
If the unit cost you type differs from your Library, Workroom asks whether to update the Library, or keep it on this estimate only.
Profit sits at the bottom of the line, and only your team sees it.
Fees on the whole estimate
Default tax: the tax new items start with.
Discount, Freight and Document tax: as a percent or an amount. Document tax stays off while the lines carry their own tax.
Deposit: what your client pays when they approve.
Retainage: for design-build work.
Processing: Pass to client or Absorb the card fee.
The footer
The footer shows the estimate total and, when your client has choices, the range their choices can make. Show details opens the parts: freight, discount, taxable subtotal, tax, deposit and total company costs. Your company cost, markup and margin sit in the Designer only box.
Memo, attachments and terms
Below the fees: an internal memo for your team, attachments, and terms and conditions from your studio defaults. Tick Show this memo to the client on the public page only if you want your client to see the memo.
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