In FieldPulse, you can turn on line item markups to automatically set the price of your goods and services after a standard markup is applied to the unit cost. By entering the cost of a product or service and a standard markup percentage, FieldPulse will automatically determine the price that the customer sees. This will enable you to make a consistent margin on your jobs and know how profitable you'll be on any project.
To turn on automatic item price markup, follow these steps. Click here to go straight to your advanced estimate and invoice settings.
Click on 'Company Settings' at bottom left, then click on 'Estimates & Invoices'.
On the 'Estimates & Invoices' page, click on 'Advanced' in the sub-heading.
In your advanced invoice settings, toggle 'Enable Automatic Markup' to 'On'
Then set the percentage markup you'd like to have automatically applied, then click save.
Then, when creating a new estimate or invoice, click in the Invoice Item space. Then select 'Create New Line Item'.
In the new line item window, you'll see your default markup percentage. Simply enter your item cost and click 'Apply'.
You'll see the unit price automatically calculated. Then click to 'Create Item' to save this line item.
Next save the new estimate or invoice.
On the Estimate or Invoice record, click on the 'Cost Basis' tab in the sub-header.
You'll see the cost, price and profit margin for each unit on that estimate or invoice, and the total cost, price and profit margin for that estimate or invoice.
Congratulations! You just used automatic item price markups to add a standard markup to your line items. For help with setting this up, email firstname.lastname@example.org