Count the whole job
Include the products, fitting, equipment hire, disposal and other costs you expect to incur. Avoid counting the same cost twice.
Enter your costs and target gross margin to calculate a selling price. This is a planning tool using your figures, not a supplier quotation.
Enter the rate appropriate to your quotation. Margin is profit divided by selling price; markup is profit divided by cost. This calculates gross profit before any costs you have not entered and tax.
Use the project workspace for a full opening-by-opening costing →
Include the products, fitting, equipment hire, disposal and other costs you expect to incur. Avoid counting the same cost twice.
A £100 cost with 25% markup sells for £125 and produces a 20% gross margin. To achieve a 25% gross margin, the selling price is approximately £133.33.
Confirm inclusions, exclusions, quantities, VAT treatment and the validity date. Provisional buying prices can change the margin.