Use the Service Estimate tab of the Estimate Settings form to enable service estimates, specify the default settings for use on the Estimates form in the Projects hub, and create commonly used clauses for use on Project Service Estimate reports.
To enable service estimates and set up default settings and clauses:
-
In the Navigation pane, select
.
-
Select
Enable Service Estimates to turn on the ability to use service estimates in the Projects hub.
When you do, the following occurs:
- The Estimates form becomes available in the Projects hub.
- The Project Service Estimate report becomes available in Reporting.
- The Estimates feature becomes available in Proposals.
- The
Available for Project Estimates option on the Unit Tables form becomes available in Units Settings.
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Under Estimate Grids, select the grids that you want to display on the Estimates form in the Projects hub.
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Under
Decimal Digits, select the number of decimal digits that you want for hours, quantities, and monetary amounts in service estimates.
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In
Estimate Type, select the type or types of service estimates that you want.
Your selection determines the columns that display in the enabled grids. You have the following options:
| Option | Description |
|---|
| Cost |
Displays only cost columns, such as
Cost Rate and
Planned Cost. The Analysis grid on the Summary tab displays only
Total Cost.
|
|---|
| Billing |
Displays only billing columns, such as
Billing Rate and
Planned Bill. The Analysis grid on the Summary tab displays only
Total Bill.
|
|---|
| Cost and Billing |
Displays both cost and billing columns. The Analysis grid on the Summary tab displays
Total Cost,
Total Bill,
Gross Margin, and
Gross Margin %.
|
|---|
The Project Service Estimate reports are only available if you select
Billing or
Cost and Billing.
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Select default labor category tables for service estimates:
| Option | Description |
|---|
| Cost |
Select a default labor category table for cost, or select
None if you do not want a default table. This setting is only available if you selected
Cost
or
Cost and Billing in
Estimate Type. Only those tables that are marked as available for project planning appear on this list.
|
|---|
| Billing |
Select a default labor category table for billing, or select
None if you do not want a default table. This option is only available if you selected
Billing or
Cost and Billing in
Estimate Type. Only those tables that are marked as available for project planning appear on this list.
|
|---|
These defaults can be overridden for individual projects on the Estimates form in the Projects hub.
-
Select default billing multipliers for expenses and consultants:
| Option | Description |
|---|
| Expense |
If the Expenses grid is enabled and
Cost and Billing is selected in
Estimate Type,
Vantagepoint automatically applies the billing multiplier to the planned cost to calculate the planned billing amount for reimbursable expenses. This value can be overridden in the Projects hub. |
|---|
| Consultants |
If the Consultants grid is enabled and
Cost and Billing is selected in
Estimate Type,
Vantagepoint automatically applies the billing multiplier to the planned cost to calculate the planned billing amount for reimbursable consultants. This value can be overridden in the Projects hub.
|
|---|
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To set up clauses that can be selected for inclusion on Project Service Estimate reports, do the following:
-
Either click
+ Add Clause below the Clauses grid to display a blank row for entering a new clause, or hover over the row for an existing clause that you want to copy, click
, and then click
Copy.
-
In
Type, enter a unique identifier for the clause.
-
In
Clauses, enter the text of the clause. Click
to display a larger work area and to use the available formatting options.
Repeat this step to set up other clauses.
-
Click
Save.