In a project change order work breakdown structure, you can set prices on several levels. For example, project change order, task, or estimate line.
The total sales value is calculated based on the quantity times the sales price. If the project type is:
Time and material, the sales prices have a direct consequence for the project invoicing.
Fixed price, the sales prices are shown by the on-account transactions.
In construction projects, quantities are often calculated based on specific settings. In Project Control Suite, this is done with calculation groups.
Calculation groups define:
The formulas that are used to calculate the estimate line quantities for activities in the work breakdown structure.
The models with the default formulas for each transaction type.
The setup that is required for progress billing: a variable that is marked as scheduled unit. For progress billing, usually, the scheduled unit variable is a percentage.
The setup that is required for subcontracting: a variable that is marked as scheduled unit and for which the unit is defined as well. Reason: subcontracting uses purchase orders and on the purchase lines a unit is required.
A cost price (expense) or sales price (expense) for a specific scheduled unit.