Field Definitions: SM Work Order Cost Detail Form
The following is a list of field descriptions for the SM Work Order Cost Detail form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.
Labor Hours
Enter the number of hours you estimate will be needed to complete the work associated with this work order scope.
Craft
Craft field on the SM Work Order Cost Detail form.
Enter the craft to which the budget hours apply or press F4 to select from a list of valid crafts.
Class
Class field on the SM Work Order Cost Detail form.
Enter the class to which the budget hours apply or press F4 to select from a list of valid craft classes.
Common Markup Rate
This check box only displays for work order scopes with a Time and Material pricing method or job work orders with a Markup costing method.
Select this check box to use the same markup rate for all cost estimates. When you enter a markup rate for any of the cost estimates, the system will automatically set the markup rate for all other cost estimates equal to the value entered here. Likewise, changing the markup rate for any of the cost estimates will automatically update the remaining estimates accordingly.
Leave this check box unselected to enter individual markup rates for cost estimates.
Labor: Cost Estimate
Enter the estimated labor costs for this work order scope.
Labor: Markup
Enter the estimated markup for labor costs on this work order scope. Enter 0.00 if you are not applying a markup rate.
If you selected the Common Markup Rate check box, the system will automatically set the markup rate for the remaining cost estimates equal to what you enter here. Likewise, changes to the markup rate for any other cost estimate will automatically update this markup rate accordingly. Do not select the Common Markup Rate check box if the markup rate entered here should be different than the markup rate for other cost estimates.
Labor: Pricing Estimate
This field displays the pricing estimate for labor, and is a calculation of the labor cost estimate x the specified markup rate. You may override the pricing estimate if needed; the system will automatically recalculate the markup rate.
Material: Cost Estimate
Enter the estimated costs you expect to incur for materials used on work completed for this work order scope. Leave this field blank if you do not expect to incur material costs.
Material: Markup
Enter the estimated markup for material costs on this work order scope. Enter 0.00 if you are not applying a markup rate or if no materials will be used.
If you selected the Common Markup Rate check box, the system will automatically set the markup rate for the remaining cost estimates equal to what you enter here. Likewise, changes to the markup rate for any other cost estimate will automatically update this markup rate accordingly. Do not select the Common Markup Rate check box if the markup rate entered here should be different than the markup rate for other cost estimates.
Material: Pricing Estimate
This field displays the pricing estimate for materials, and is a calculation of the material cost estimate x the specified markup rate. You may override the pricing estimate if needed; the system will automatically recalculate the markup rate.
Equipment: Cost Estimate
Enter the estimated costs you expect to incur for equipment used on this work order scope. Leave this field blank if you do not expect to incur equipment costs.
Equipment: Markup
Enter the estimated markup for equipment costs on this work order scope. Enter 0.00 if you are not applying a markup rate or if no equipment will be used.
If you selected the Common Markup Rate check box, the system will automatically set the markup rate for the remaining cost estimates equal to what you enter here. Likewise, changes to the markup rate for any other cost estimate will automatically update this markup rate accordingly. Do not select the check box if the markup rate entered here should be different than the markup rate for other cost estimates.
Equipment: Pricing Estimate
This field displays the pricing estimate for equipment, and is a calculation of the equipment cost estimate x the specified markup rate. You may override the pricing estimate if needed; the system will automatically recalculate the markup rate.
Subcontract: Cost Estimate
Enter the estimated subcontract costs you expect to incur for work completed on this work order scope. Leave this field blank if you do not expect to incur subcontract costs.
Subcontract: Markup
Enter the estimated markup for subcontract costs on this work order scope. Enter 0.00 if you are not applying a markup rate or if no subcontract costs will be incurred.
If you selected the Common Markup Rate check box, the system will automatically set the markup rate for the remaining cost estimates equal to what you enter here. Likewise, changes to the markup rate for any other cost estimate will automatically update this markup rate accordingly. Do not select the Common Markup Rate check box if the markup rate entered here should be different than the markup rate for other cost estimates.
Subcontract: Pricing Estimate
This field displays the pricing estimate for subcontracts, and is a calculation of the subcontract cost estimate x the specified markup rate. You may override the pricing estimate if needed; the system will automatically recalculate the markup rate.
Other: Cost Estimate
Enter the estimated miscellaneous costs for this work order scope. Leave this field blank there are no miscellaneous costs for this work order scope.
Other: Markup
Enter the estimated markup for miscellaneous costs on this work order scope. Enter 0.00 if you are not applying a markup rate or if no miscellaneous costs will be incurred.
If you selected the Common Markup Rate check box, the system will automatically set the markup rate for the remaining cost estimates equal to what you enter here. Likewise, changes to the markup rate for any other cost estimate will automatically update this markup rate accordingly. Do not select the Common Markup Rate check box if the markup rate entered here should be different than the markup rate for other cost estimates.
Other: Pricing Estimate
This field displays the pricing estimate for miscellaneous expenses, and is a calculation of the other estimate x the specified markup rate. You may override the pricing estimate if needed; the system will automatically recalculate the markup rate.