Edit a work or material item

Open the work item details

1. Go to Cost DB.
2. In the Internal Cost Database Stats section, select the total record count number in the Work Items row.
3. Optionally, use the Search field to filter the list.
4. Select the work item code from the list.

Edit the work item details

1. To update the work item details, select Edit and update the fields as needed.

   If the resource and work item's unit of measure is the same, the conversion factor must be set to one (1).

   Typically, the sell markup is set to Same as Cost, but you can mark the sell rate up by an amount or percentage as follows:

   • Lumpsum: A fixed markup amount is added to the cost rate. For example, if the cost rate is $100 and the lump sum markup is $20, then the sell rate is $120.

   • Manual: You enter the sell rate directly. For example, if the cost rate is $100, you can manually enter $130 in the sell rate field.

   • Margin Percentage: Sets the sell price so that a specified profit margin is achieved. If the cost rate is $100 and the margin is 20%, then the sell rate is calculated as follows:

     sell rate = cost rate / (1 - margin) = $100 / (1 - 20/100) = $125

   • Percentage: A percentage over the cost rate. For example, if the cost rate is $100 and the markup is 15%, then the sell rate is calculated as follows:

     sell rate = cost rate x (1 + % markup) = $100 x 1.15 = $115

2. Select Save & Close.

Upload an image for a work item

1. Select Image Upload.

2. Select Choose File and find the file on your local drive.

   The image will be uploaded automatically.

Add a classification

1. In the Classifications section, select Add Classification.

2. For each classification code that you want to add, do the following:

   1. Select the Classification Type, such as your primary cost code system.

      Administrators can manage these options in Settings > Company Settings > Cost Codes.

   2. Select the magnifying glass icon () next to the classification type to view the available codes.
   3. Optionally, select the right arrow next to a code to drill down to a lower level.

      Codes can be nested up to four levels deep.

   4. Select the code that you want to use for classification.

   5. Select Add New Line to include more classifications.

3. Select Save & Close.