Estimating settings: your P&G rate

Who can use it. Organisation owners, in Settings → Estimates & quotes → *Pricing defaults*.

What it's for

Sets the Preliminary & General loading your estimates carry. Until now this was fixed at 8% (Summit's own rate) for every organisation.

Nothing changes for you unless you edit it. Leave the panel alone and every figure reads exactly as it did before.

The field

| Field | What it is | Example | |---|---|---| | P&G rate (%) | The percentage added on top of an estimate for preliminaries and general. Entered as a whole percentage. | 8, 12, 0 |

Enter 0 if you price preliminaries as ordinary line items rather than as a loading: that's a valid setting, not "unset". For estimates built in Summit, 0 means no P&G at all: the rows and the quote line disappear rather than showing $0.00 (see P&G on native estimates).

Where the rate shows up

Changing it moves all of these together:

• Estimates built in Summit: every category inherits the rate (overridable per category), and it's folded into the estimate totals, the quote PDF and the customer portal. See P&G on native estimates.
• The cost-tracking spreadsheet: the *P&G Value* and *Estimate Minus P&G* columns on the Summary sheet, the *PNG Amount* and *Ex PNG Amount* columns on the Carpentry Input sheet, and the *P&G On Variations* row.
• The deal page's cost-tracking figures: the projected and remaining tiles are calculated the same way the spreadsheet is, so the two always agree.
• The Carpentry % complete tab: the amount carved off each category before the percentage is applied.
• Financials → work in progress: the estimated P&G on unbilled work.

Things worth knowing

• It applies when a figure is worked out, not when an estimate is created. Change the rate and existing deals' projected P&G figures change too, next time you look at them. The one exception is a native estimate that has been sent or accepted: it keeps the rate it was quoted at, and one issued before P&G existed for your company stays without any. See P&G on native estimates.
• It's per organisation. Your rate never affects another organisation's exports.
• Rates of 100% or more aren't accepted. The whole spreadsheet is built on the "estimate minus P&G" figure, which would be zero or negative.

Related

• Region & tax settings: currency, number format, timezone and your sales-tax name and rate.