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<\/p>\nTo define the markup to be used or the fixed cost\/price to use when posting transactions, we use the Prices option from the job card ribbon.<\/p>\n
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Depending on your business process, you may choose to assign a markup based on cost categories, or Resources\/Items.<\/p>\n
Note<\/u>: Usually a company will adopt one of the options above. It is very uncommon that you would select both. <\/em><\/p>\n To use Mark-ups by Cost Categories, select the Cost Category Option from the Prices drop down.<\/p>\n From here, you will select each of the cost categories that you will be utilizing on the job and assign the appropriate mark up for each.<\/p>\n In our example you can see we are using several different categories and have assigned mark ups for each.<\/p>\n Once completed, any cost postings to those cost categories will automatically result in a billable line reflecting the corresponding markup.<\/p>\n If you are using the Resources\/Items option, you will set each up separately.<\/p>\n To set up your resources, select the Resources option from the Prices drop down.<\/p>\n Since it is uncommon to know the exact resources who will be working on the job at the time of set up, it is a good practice to set up your resource cost and mark up using Resource Groups.<\/p>\n Note:<\/em> You will need to ensure each of your resources are assigned to a resource group on the resource card.<\/p>\n On this screen you will set up the following<\/p>\n In our example, we have assigned different Resource groups along with the corresponding markup for each.<\/p>\n long with d: If you use Resource Type “ALL”, also populate the “Work Type Code”. Employees belonging to this Work Type Code will use employee default Cost.<\/em><\/p>\n![\"\"](\"\/user-guide\/wp-content\/themes\/userguide\/images\/time_material_images\/image007.jpg\")
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