Adjusting the estimate prices by a percentage (SQL)
Description
Cause
Resolution
You can adjust the cost category prices for the estimate by specific percentages; for example, all labor prices up by four percent and all material prices down by six percent. This feature is useful for accommodating price changes caused by inflation.

It is mathematically impossible to end up with the original prices if you increase, and then decrease prices by the same percentage.

To adjust the estimate prices by percentage:

  1. Open the Reprice Estimate by Percentage window in one of the following ways:
    • On the ribbon, from the Repricing group on the Takeoff tab, click Adjust by Percentage.
    • In classic view, click Pricing > Adjust by Percentage.
  2. On the Categories tab, enter the percentage of change for item prices in each category.
  • To increase prices, enter a positive percentage. For example, to increase labor prices by 5%, enter 5 in the Labor % field.
  • To decrease prices, enter a negative percentage. For example, to decrease equipment prices by 8%, enter -8 in the Equipment % field.
  • To keep the current prices, leave the appropriate category field blank.

By default, all item prices are repriced. To limit the reprice to specific phases of items, specify the desired phases on the Phase Range tab.

To specify a range:

  1. Move the cursor to the From field, and then click  to open the List window.
  2. In the list, double-click the beginning record for the range.

This record appears in the From field.

  1. Move the cursor to the To field.
  2. Click  to open the List window.
  3. In the list, double-click the ending record for the range. This record appears in the To field.
  4. You can enter up to four more ranges in the same manner.
  1. (optional) Use the tabs to customize the Price Update report.

To customize reports

  • To select where the report prints, click the Categories tab and choose an option in the Price Update Report area.
  • To change the fonts or colors, click the Font tab and change the font settings.
  • To change the page setup, click the Page Setup tab and change the page setup options.
  1. Click [OK].
  2. Review the Reprice Estimate Confirmation window.
  3. To continue with the reprice, click [OK].
  4. To cancel the reprice and return to the Reprice Estimate by Percentage window, click [Cancel].

When you click [OK], Sage Estimating reprices the estimate. (You can cancel the reprice by clicking [Cancel] in the Reprice Estimate in Progress window.)

[BCB:164:Chat Estimating US:ECB] 
Steps to duplicate
Related Solutions

Getting Started: Completing an estimate (SQL)

Getting Started: Updating prices in the standard database (SQL)