Quote Costing and Gross Margins

A few weeks ago, we released the ability to track job item costs and gross margins. We have now extended that capability to quotes. You can now track the costs of all items on a quote, and use that cost information to view and manage quote gross margins in real time.

You can now use ServiceTrade to add quoted work to existing jobs. You can use this capability to quickly quote and repair deficiencies found during an inspection, or to create change orders for large installation, construction, or repair jobs.

To use quote item costing and gross margins, simply enter the unit costs of the items that you add to a quote:

A running gross margin calculation will appear, comparing the total item costs to the total revenue generated by this quote:

IMPORTANT: This capability is available only on our new quote interface. For more information about this interface, please review this webinar.

Copy Quote Attachments to Jobs

When creating a job from an approved quote, it is often helpful to be able to copy the attachments from that quote directly onto the resulting job. You can now copy these attachments when creating a quote, by checking the checkbox labeled "Copy all quote attachments to job":

This capability is available when creating a new job from a quote, or when adding a quote to an existing job.

IMPORTANT: This capability is available only on our new quote interface. For more information about this interface, please review this webinar.

Export Improvements

We've added some important data to our invoice and deficiency exports:

  • Deficiency export includes "proposed_fix" column
  • Invoice export includes "job_cost_total" and "gross_margin" columns. You can use these columns to calculate aggregate gross margin reports by time, service line, office, etc.
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