Fringe, Markup & Discounts
Fringe, Markup, and Discount affect the total amount and can be applied selectively to Line Items that have the respective toggles enabled. Jaket allows for two different Fringe costs to be added to a bid. Markup and Discounts in Jaket can be either a flat fee or a percentage based on the line items' total.
Visibility to Clients - Fringe, Markup and Discount are visible to clients. They should be applied thoughtfully to reflect your pricing strategy.
Selective Application - Fringe, Markup, and Discount adjustments will apply only to those Line Items with the corresponding toggles activated.
Learn more about toggles here.
How to add Fringe, Markup and Discounts to a Bid
Adding Fringe to a Bid
In the bid details view, locate the fields designated for Fringe costs.
Jaket allows you to add two distinct Fringe costs (Fringe 1 and Fringe 2). Enter the percentage amount for each Fringe cost in the respective fields.
Press the Enter key on your keyboard or tab out of the input field to save the Fringe amounts.
Adding Markup to a Bid
Choose between a flat fee or a percentage-based Markup.
Input the amount or percentage you wish to add as Markup to the bid.
Hit Enter on your keyboard or tab out of the input field to apply the Markup.
Adding Discount to a Bid
Decide on a flat fee or a percentage-based Discount.
Specify the amount or percentage of the Discount.
Press Enter or tab out of the field to save the Discount amount.
Fringe, Markup, and Discount adjustments will apply only to those Line Items with the corresponding toggles activated. Learn more about toggles here.
By following these steps, you can adeptly adjust the financials of your bid in Jaket, ensuring that each Line Item is priced accurately, and the overall bid reflects your intended financial strategy.
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