Estimate Global Markup Templates

Global Markups are usually percentage adjustments on estimate cost items. If Global Markups are common from estimate to estimate, then creating a template library will be beneficial since they can be imported rather than having to type them in manually every time. This also improves consistency within an estimating department's operations.

For more information on Global Markups, click here.

Data Entry Steps

1. Log in to Sage Construction Management as an Admin.
2. Click Settings (gear icon).
3. Select Templates and Reports > Estimate Markup Templates.
4. Click the Add to view the details form.
5. Enter the Markup Description and select the Markup Type from the dropdown.
6. Enter the Percentage, e.g., 5%, or Amount/Percentage for Step Bond Calculations.
   You can enter a negative percentage in the case of a discount.
7. If the markup amount should be included in the cost budget as well as on the proposal and sell side, select the Include In Cost option.

   Bonding or material sales tax would be example markups where this field would be checked.

8. To distribute the calculated global markup amount proportionally across the estimate sections, select the Distribute / Hide Markup option. Otherwise, the markup will be shown as a separate line item at the bottom of the proposal.
9. Select the Resources To Markup.

   Sage Construction Management has five built-in resources: material, labor, equipment, sub, and other. For example, estimate line items can have separate cost and proposal rates for each resource. When calculating the global markup, resources that are selected or checked will be included. In addition, previous markups (determined by the item number) can be included in the amount that the markup is being calculated on.

10. Click Save.