How are some of you marking up materials?

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jzadroga

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MA
I have a GC that I work with often. He is a good and fair GC so there is no issue of trust. As I understand it he bills the customer for invoices from the subs and marks them up a %. The customer sees the subs invoices. His material bills from the lumber yard are treated the same way. Seams fair to me because the owner can see what is going into the job and knows what the markup is. Probably simplifies some of the misunderstandings of the job but not all.

My problem is this. I use Trade Service with QuickBooks for my pricing/invoicing and the markup is different for each item. Many of you also use other methods such as a sliding scale for markup. The GC is trying to get the job and wants me to submit my material bills with my invoices for labor and material. I don?t have a problem with it as long as this method works for me. I don?t how I can use my current method of Trade Service Pricing with this situation. I think it needs to be either a % for all the materials of a sliding scale.

I use QuickBooks with items for materials and entering the items used using a different pricing scale will add time to the invoicing part of the job which I need to account for.

What is the way some of you deal with this? What are the markup% you use or the sliding scales. And are you making money or just surviving?
 
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