Method Community

Can someone please explain the following columns when creating an estimate?

Cost = I'm not sure if this refers to our cost or our retail price 

% = there is a percentage column with no explanation

Markup = ordinarily this would make sense, but see the next option

Markup % = how is this differrent from % and Markup in the 2 previous columns?

Hi,

We’ve labelled ‘Cost’ and ‘Markup’ as they appear in the same area of QuickBooks. The only difference is in QuickBooks you can enter values such as “50%” in the cost column and “100%” in the Markup column. Where as in Method you have to indicate if the value for cost is a % and if the value for Markup is a %. You can try to sync a sample estimate with several line items to test each of the possible options.

If we had unlimited space on the grids perhaps it could have been more obvious but sometimes we are forced to work in crowded areas and do our best to make it user friendly on the average screen size.

Hope this helps,

Actually, cost in QB is OUR cost we pay to the vendor, NOT the price we charge to the customer.  And it would clarify things a little if you labeled the % column as "Cost is %" and the Markup % column as "Markup is %".