What is the View Cost, Billable & Margins button?

There is a view into the financials on your Estimates that may have escaped your notice - the View Cost, Billable & Margins button. Please review this brief article for an overview of what you can see there.

Where will I see this button?

The View Cost, Billable & Margins button appears on any Estimate in your system, on the Services tab. Click the button to see information.

What information am I seeing?

You will see an on-screen summary of values that relate to the Estimate. These values are organized by Service Type - Internal Services (time trackable), Internal Expenses (items you have in stock and charge client's a flat fee for) and External Expenses (items you outsource to a third party, and charge a percentage mark-up for).

The values are further broken down by:

  1. Cost - The Estimated Hours (for Internal Services) or Units (for Internal Expenses) or Dollars (for External Expenses) x the Cost Rate if you estimate by Service, or x the Hourly Cost for the individual, if you estimate by Staff.
  2. Billable - The Estimated Hours (for Internal Services) or Units (for Internal Expenses) or Dollars (for External Expenses) times the values on the selected Rate Category for that Service or Expense.
  3. Margin - Equal to the Billable $ minus the Cost $.
  4. Margin Percent  - Margin $ divided by Cost $ and displayed as a percent value.

We welcome your questions or concerns: support@functionpoint.com

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