Enter the default Materials markup percent. You can set the markup percent separately for each job in the Edit Job form.

Check this box if material costs are taxable in your location. This setting can be overridden for individual job items in the Edit Estimate form.

Enter the default Labor markup percent. You can set the markup percent separately for each job in the Edit Job form.

Check this box if labor costs taxable in your location. This setting can be overridden for individual job items in the Edit Estimate form.

Enter the default Subcontract markup percent. You can set the markup percent separately for each job in the Edit Job form.

Check this box if subcontract costs are taxable in your location. This setting can be overridden for individual job items in the Edit Estimate form.

Enter the default Equipment markup percent. You can set the markup percent separately for each job in the Edit Job form.

Check this box if equipment costs are taxable in your location. This setting can be overridden for individual job items in the Edit Estimate form.

Enter the default Other markup percent. You can set the markup percent separately for each job in the Edit Job form.

Check this box if other costs are taxable in your location. This setting can be overridden for individual job items in the Edit Estimate form.

Smart Contractor provides two different ways to compute job markups:

1. As a percent of job cost. In accounting terminology, this is considered the job "markup", since the markup amount is based on the job cost. For example: If the job cost = $100.00, then a 20% markup would result in the job price = $120.00, which is calculated as $100.00 + ($100.00 * .20).
   
2. As a percent of job price. This is considered the job "margin", since the margin amount is based on the job price (after adding markup). For example: If the job cost = $100.00, then a 20% margin would result in the job price = $125.00, which is calculated as $100.00 + ($125.00 * .20).

The Cost Sales Tax Percent is used as the default for the prompt for Cost Sales Tax percent when you create a new job. You can set a different cost sales tax percent for each job in the Estimate Tab of the Edit Job form.

Cost sales tax is calculated on, and added to the material cost of estimate items.

The total cost sales tax is displayed at the bottom of the Job Listing report.

The Retail Sales Tax Percent is used as the default for the prompt for Retail Sales Tax when you create a new job. You can set a different retail sales tax percent for each job in the Estimate Tab of the Edit Job form.

Sales tax is calculated on the material cost of items. Sales tax is calculated after markup.

The sales tax amount is calculated and displayed at the bottom of the Job Listing report.

The Job Markup Percent is used as a default value for the Job Markup Percent prompt in the Edit Job form. You can set the job markup percent individually for each job by changing it in the Edit Job form.

The Job Markup Name is used as a default value for the Job Markup Name prompt in the Edit Job form. You can set the job markup name individually for each job by changing it in the Edit Job form.

The Job Markup Name is used to describe the Job Markup. The Job Markup name appears everywhere in the program where the Job Markup is calculated and displayed.

The Finance Charge Percent is used as a default value for the Finance Charge Percent prompt in the Edit Job form. You can set the Finance Charge Percent individually for each job by changing it in the Edit Job form.

The Finance Charge Percent is used to add a markup that is calculated after adding item markups and job markup, and after adding sales tax. The Finance Charge markup is typically used to calculate an added charge for when a customer pays for their construction project by credit card.

The Finance Charge Name is used as a default value for the Finance Charge Name prompt in the Edit Job form. You can set the finance charge name individually for each job by changing it in the Edit Job form.

The Finance Charge Name is used to describe the Finance Charge. The Finance Charge name appears everywhere in the program where the Finance Charge is calculated and displayed.

Check this option to prompt for percent waste in the Edit Estimate form. When you enter the percent waste in the estimate, the program automatically adds the necessary amount to the estimated count of materials required.

Set the number of decimal places to prompt for estimated materials cost in the Edit Estimate form.

Check this box to automatically replace the estimate item name with the product name when you select a product in the Edit Estimate form.

Check this box to allow changes to the cost information in items in fixed sum job estimates after the job status has been set to Contract Signed.

Check this box to have the program prompt you to update the price of a product (in the Product database) when you change it in a job estimate.