---
title: "Define project quotation contract totals"
slug: "define-project-quotation-contract-totals"
description: "Learn how to define contract totals for fixed-price project lines using margin and markup simulations in project quotations effectively."
tags: ["Task", "Project Control Suite", "PCS"]
updated: 2026-03-20T08:41:12Z
published: 2026-03-20T17:46:03Z
canonical: "docs.staedean.com/define-project-quotation-contract-totals"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://docs.staedean.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Define project quotation contract totals

For a project quotation work breakdown structure, for all project lines of type **Fixed price**, you define the **Contract total**.

You can do so on the **Quotation statement** form in two ways:

- Simulate and transfer the contract total.
- Manually enter or change the contract total.

To simulate the contract total, you can use:

- **Margin**
  - The sales price minus the cost price (also known as gross margin).
  - **Formula**: sales price - cost price / sales price * 100%
  - **Example**: if a sales price is $100 and the cost price $70, the margin is $30. Or, stated as a percentage, the margin percentage is 30%
- **Markup**
  - The amount by which the cost price is increased to derive the sales price.
  - **Formula**: sales price - cost price / cost price * 100%
  - **Example**: a markup of $30 from the $70 cost price yields the $100 sales price. Or, stated as a percentage, the markup percentage is 42.9%.

### Steps

1. Click **Advanced project management**.
2. Click **Project quotation**.
3. In the list, find and select the desired record.
4. Click **Advanced WBS**.
5. Click **Edit**.
6. Click **Quotation statement**.
7. In the list, find and select the desired record.
8. If you want to simulate the contract total, on the **Margin/Markup simulator** pane, select **Margin %** or **Markup %**.

Click the **Margin/Markup Simulator** tab.

> [!NOTE]
> **Note**
> 
> If no simulation is required, on the **Work breakdown structure** pane, you can manually enter or change the **Contract total for project lines** of type **Fixed price**.
9. Enter the relevant margin or markup percentages for items, hours, and expenses.
10. Click **Simulate**.
11. If you are satisfied with the suggested sales price, you can transfer it to the **Contract total of the selected project line**.

Click **Transfer**.

> [!NOTE]
> **Note**
> 
> You can repeat steps 9-11 for several project lines.
12. If you are satisfied with the result, click **Save & Close**.

> [!NOTE]
> **Note**
> 
> If you are not satisfied with the result, you can click:
> 
> - **Reset**: As a result, the changed-but-not-yet-saved contract totals are reset to the original values.
> - **Cancel**: As a result, the **Quotation statement** page is closed, and the changed-but-not-yet-saved contract totals are reset to the original values.

> [!NOTE]
> **Notes**
> 
> You can simulate the contract total for project lines of each type. However, you can only transfer the suggested sales price for fixed price project lines to which progress billing doesn't apply.

## Related

- [Define project quotation price](/define-project-quotation-price.md)