Scenario:
Estimate Subtotal #1 $100,000
Overhead @ 10% $10,000
Estimate Subtotal #2 $110,000
Profit @ 10% $11,000
Estimate Total #3 $121,000
The correct calculation should be (Profit @ 10% x Estimate Subtotal #1). Currently Sage Estimating is calculating (Profit @ 10% x Estimate Subtotal #2). This method adds an additional 10% ($1,000) to your Estimate Total by inflating your Overhead @ 10%.
by: Thomas G. | over a year ago | Other
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