Derived

This field is disabled for Derived Flat Price scopes and defaults as selected.

Select this check box to calculate the estimated budget values (labor hours, cost total, price total, and estimated profit) for the quote scope based on the detailed cost estimates from the Material, Equipment, Labor, and Misc tabs.

Select this check box to calculate the budget totals (labor hours, cost, price, and estimated profit) for the quote scope based on the cost estimates entered for required material, equipment, labor, and miscellaneous lines.

For time and material scopes, the system will also derive an estimated tax amount (shown below the Budget totals) from required materials and miscellaneous lines that include tax amounts. For flat price and derived flat price scopes, the estimated sales tax is derived from the taxable split revenue entries.

Note: If you have entered summarized cost estimates in SM WO Quote Cost Detail (accessed via the Detail button), selecting this check box will clear the budget totals for the quote scope; however, your summarized cost estimates will be left intact.

Do not select this check box if you want to calculate budget and tax values using the summarized cost estimates entered in SM WO Quote Cost Detail (accessed by clicking the Detail button on the quote scope).

For detailed information about how the system updates the budget values, see About Work Order Quote Scope Budgets.