About controlling billing amounts with markups and overrides

With the Markups and Overrides functionality, you can override or control the billing amount on work orders. You can round up or down. For example, if the billing amount agreed upon is $837.86, the billed amount may be rounded down to $825. Conversely, if the billing amount is $837.86, you may round up the billed amount to $850.

As you enter values and move through the text boxes, Sage 100 Contractor calculates the billing amount. When using the Taxable markup, the tax rate is set by the tax district rate.

After you have marked up the total from the grid to meet your business requirements, you can then override the Billing Amount. When you override the billing amount, Sage 100 Contractor automatically selects the billing amount lock checkbox, which prevents the Billing Amount from being recalculated. This locking occurs in both the Taxable and Non-Tax lines.

About posting markups

When posting a work order, invoice, or credit that has a value in the Total Markups text box(es), additional lines are added to the ledger transaction for the taxable and non-taxable markup amounts. These additional lines use the posting accounts set up in the Service Invoice Type table.

About posting overridden billing amounts

When posting a work order, invoice, or credit for which you have overridden the billing amount, the amounts and posting accounts shown in the grid are ignored, and the transaction that is created uses the posting accounts set up in the Service Invoice Type table and the amount from the Billing Amount text box(es).

If the record being posted has markups and the billing amount has been overridden, the transaction is posted according to the Posting Overridden Billing Amounts rules.