Markup Calculations

You can associate three markup calculations with a minor key. To mark up workfile transactions, the system applies the calculations for a minor key in this order:

1. Rate override calculation.

   This rate override is multiplied by the number of units from the workfile transaction to calculate the invoice or revenue amount. This calculation is not performed if the number of units is equal to zero.

2. Percentage markup calculation.

   This percent is multiplied by the cost amount from the workfile transaction to calculate the invoice or revenue amount.

3. Amount markup calculation.

   This amount is added to the cost amount from the workfile transaction to calculate the invoice or revenue amount.

This graphic illustrates how the system applies calculations for a minor key: