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Markup
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The percentage to mark up the cost rate to reflect associated costs.
- For labor, the markup costs include direct personnel expense (DPE), overhead, profit, General & Administrative (G&A), and other labor.
- For expenses, the markup costs include G&A, profit, and other expenses.
- For consultants, the markup costs include G&A, profit, and other consultant costs.
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You select the markup types in Company > Preferences.
You enter percents for those markup types in a billing rate table in Setup > Billing Rate Tables.
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Standard billing rate
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Also called flat rate. A set rate, with no markups, is used to bill the client for services performed or goods delivered.
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You enter standard billing rates into the exceptions table of a billing rate table in Setup > Billing Rate Tables or in Setup > Activities for unit-based expenses (for example, mileage or copies).
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Pass-through cost
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No labor, expense, or consultant markups are applied. Only the cost rate is billed.
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You create a pass-through cost by selecting the Pass Through check box in the exceptions table of a billing rate table in Setup > Billing Rate Tables.
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