In this article, you will learn how to mark up line items for jobs, estimates, and invoices in Workiz.
Markups can be calculated automatically when setting the prices and costs for your items. You can also manually adjust the markup for items on specific jobs, estimates, and invoices.
Automatically calculating markup from prices and costs
When creating or editing items, you can save both the price you charge clients and the cost your business pays to acquire the item. A markup will automatically be calculated based on the difference between your price and cost. For example, if the price is $100 and the cost is $50, the markup will be calculated as 100%.
- From the sidebar menu, select Price book
- Create a new item or edit an existing one
- Enter a price and cost for this item
- Select Save
Workiz also allows you to apply bulk changes to multiple price book items at once. You can adjust the price or cost of items based on a specific percentage or dollar amount.
To learn more about making bulk changes to items, please see this article.
Manually adjusting the markup percentage
While the markup is automatically calculated based on the difference between the price and cost of an item, you can manually adjust the markup percentage once the item is added to a job, estimate, or invoice. Any changes to the percentage will automatically update the item’s price to reflect the new markup.
Manually adjusting the price, cost, or markup for an item in a job, estimate, or invoice will only change it for that specific job/document. These changes won’t affect the saved version of the item in your price book, so the original settings will stay the same for future use.
- Open a job, estimate, or invoice
- From the items section, add an item or select an item that's already been added
- Under Markup, adjust the percentage
- Select Save