The Profit tab gives you a complete picture of how the estimate is priced and how much profit you can expect before sending the proposal to the client. All values here update automatically based on the details entered in the other tabs.
Steps
Open the estimate and click into the line item you want to review
Click the Profit tab across the top of the line item editor
Review the following fields:
How Do You Want to Charge? — select your preferred pricing method from the dropdown. The default option is Gross Profit % & Labor Charge/Hr
Price Per Sqft — the calculated price per square foot based on the estimate setup. For example, $34.24
Total Cost — the total cost of the line item including materials, labor, equipment, and subcontractors. For example, $9,284.00
Gross Profit — the gross profit amount and percentage. For example, $7,834.00 at 46%
Expected Overhead — the overhead amount pulled from your budget settings. For example, $3,559.20
Commission — the commission amount and percentage if applicable.
Net Profit — your final profit after overhead and commission. For example, $4,274.80 at 25%
Note: If the net profit percentage does not meet your target, go back and review your material costs, labor rates, or pricing method before sending the estimate to the client.
