User Tools


Cost Schedule Settings


The Cost Schedule Settings is for settings up your Business Markup % percentages which apply on your Construction Totals to calculate a final Contract Total.

Business Markups

Custom FieldThis is a custom field for entering an additional job % allowance. This will be the first allowance which applies on the Construction Total (ex. GST).
Contingency (%)A Job Contingency allowance is typically used for, minor unforeseen costs, job/quote mistakes and minor price rises.
Business Overheads (%)This is a percentage allowance for business running costs for the duration of the project. It is calculated off all the prior costs before this item. See the contributing totals at the bottom of the Cost Schedule.
Management Fee
(Profit Markup %)
This is a markup percentage allowance for the Job. It apply's to the Job Total Cost.

Q-Leave

Q-Leave is a job cost allowance that applies to the Sub Total (ex. GST) after the Management Fee % has been applied. This allowance is governed by the Queensland Portable Long Service Leave authorities.

Percent0.475% is the current Q-Leave premium. (QLD Portable Long Service Leave).
Minimum Threshold
(ex. GST)
0.475% will apply to the Contract Total (Ex. GST) at $150,000.00 and over.

QBCC

This is the Queensland Building Construction Commission allowance for Home Warranty Insurance. This is automatically calculated in SoloAssist and applies to domestic dwellings in QLD only. It is calculated on the Construction Sub Total (inc. GST) found at the bottom of the Cost Schedule.

Number of DwellingsThis is the number of dwellings being built in the Contract Total. This will divide the Contract Total by the number of dwellings then it will apply the premium effective cost allowance for each, then total them together.
Premium EffectiveThe Premium Effective is the date from which the QLD Home Warranty Insurance is the current cost allowance.

Insurances

The Existing Property Cover, Construction Works and Public Liability Insurances each apply on the Quote Sub Total (inc. GST) found at the bottom of the Cost Schedule.

Existing Property Cover
Insurance
This is a percentage allowance for the job duration for a insurance policy due to works on the property as the existing home and contents policy may not cover while under construction works.
Construction Works
Insurance
This is a per job auto percentage claim back of your Construction Works Insurance premium. See the below example to help calculate your allowance %.

E.g. Sum = Annual Premium $2,063.10 (divided by) Projected Annual Turnover $700,000.00 x 100 = 0.29%
Public Liability
Insurance
This is a per job auto percentage claim back of your Public Liability Insurance premium. See the below example to help calculate your allowance %.

E.g. Sum = Annual Premium $2,063.10 (divided by) Projected Annual Turnover $700,000.00 x 100 = 0.29%

General Labour

General Labour Rate (GL)This is the hourly rate allowance for 1 man (Inc. GST). This is used in the Cost Schedule Item window for calculating Labour Cost and Labour Hrs.
Labour Hours (LH)This should be set to the number of hours in a typical work day.
See Cost Schedule Items to learn more ►
Work Cover
(Employee Labour)
The Work Cover percentage only applies on allocated Employee Labour costs. Work Cover is allocated within each Cost Schedule items Labour section. If the Sub Contractor Labour tick box is selected, it will not apply the allowed percentage on the Labour Cost as it will then be a Sub Contractor cost.
See Cost Schedule Items to learn more ►

Columns

Columns On/OffThis feature allows you to toggle between showing or hiding the data in the following Cost Schedule columns:
• Material Cost
• Labour Hours
• Labour Cost


NOTE: When any of these 3 columns are turned Off, then the column totals of each will not contribute to any Total.

Variations

Default MarkupThe Default Markup % percentage will be used for all New Variations automatically. The Variations percentage can be adjusted for each item of a Variation in the Variation New/Edit Item window while costing the Variation.



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