How does Materio calculate my gross profit? | Materio Help Center

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How does Materio calculate my gross profit?

How does Materio calculate my gross profit?

This article will showcase how Materio calculates your gross profit on projects and what numbers impact that profit percentage.

Written by Mary Beth

Updated over a year ago

1. Your gross profit is calculated and shown on your finance workspace under the "Overview tab" and will show under "Planned" module.

Your gross profit is calculated and shown on your finance workspace under the "Overview tab" and will show under "Planned" module.

2. Your profit is calculated from two places within your scope of work

Your profit is calculated from two places within your scope of work

3. Expand your grand total to see any project-level fees.

Keep in mind, any fees added to the project that are shown in the grand total are visible to clients.

Expand your grand total to see any project-level fees.

4. Your fees displayed here (if applicable), for example 10% Builder's Fee, is one input to your gross profit.

Your fees displayed here (if applicable), for example 10% Builder's Fee, is one input to your gross profit.

5. If you have items with a markup, whether it is on the item or other cost component, those will be an input to your gross profit.

If you have items with a markup, whether it is on the item or other cost component, those will be an input to your gross profit.

6. As seen here, this item has a 60% markup. That markup amount will be added to the calculation for gross profit.

As seen here, this item has a 60% markup. That markup amount will be added to the calculation for gross profit.

Have questions?

Chat with us from your project dashboard or email us at hello@materio.co