{"id":2421,"date":"2020-02-21T23:29:15","date_gmt":"2020-02-21T23:29:15","guid":{"rendered":"http:\/\/heavybid.ewksol.com\/?p=2421"},"modified":"2020-10-16T15:30:43","modified_gmt":"2020-10-16T15:30:43","slug":"addons-job-value-calculation","status":"publish","type":"post","link":"https:\/\/heavybid.ewksol.com\/index.php\/2020\/02\/21\/addons-job-value-calculation\/","title":{"rendered":"Addons-Job Value Calculation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">I am pretty sure Addons has been around since the first DOS version of HeavyBid. In my recent blog I covered how to use an Addons entry to calculate G&amp;A expenses so that they are separated from markup. Many companies calculate it on &#8220;Job Value&#8221; or sales which is an accounting standard procedure. <em>First understand the &#8220;Job Value&#8221; is not the final price in the Pricing screen but it is the Balanced Price in the Summary<\/em>. <span style=\"text-decoration: underline;\">It is important <\/span>to understand what happens when you have multiple addons with the basis of &#8220;JOB VALUE&#8221;. Since it is a recursive calculation you might be adding dollars that you might not be aware of. Here is an example that better shows this. Below is just one entry based on &#8220;Job Value&#8221;. I did three entries but the first is the only one that is calculating. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"545\" height=\"213\" src=\"https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image2-1.jpg\" alt=\"\" class=\"wp-image-2424\" srcset=\"https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image2-1.jpg 545w, https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image2-1-300x117.jpg 300w\" sizes=\"auto, (max-width: 545px) 100vw, 545px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"> You would think if I put 5% on the next two entries the resultant would be $76,279.25 but since it calculates 5% on Job Value it has to add the Addons too!  So here is the results of 5% for Addons 2 &amp; 3. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"545\" height=\"213\" src=\"https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image1-3.jpg\" alt=\"\" class=\"wp-image-2425\" srcset=\"https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image1-3.jpg 545w, https:\/\/heavybid.ewksol.com\/wp-content\/uploads\/2020\/02\/Image1-3-300x117.jpg 300w\" sizes=\"auto, (max-width: 545px) 100vw, 545px\" \/><figcaption>Addons<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Surprise!  The result for each is $85,303.71. But the calculation is correct because it has to add the Addons 2 &amp; 3 to the sales or job value and then add it until it reaches its terminal value. On a large project you can imagine the additional dollars that might be unintentionally added. <em>So what is my recommendation?<\/em> Try to stay with only one Addon with &#8220;Job Value&#8221; and the rest use other basis (like Total Cost). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am pretty sure Addons has been around since the first DOS version of HeavyBid. In my recent blog I covered how to use an Addons entry to calculate G&amp;A expenses so that they are separated from markup. Many companies calculate it on &#8220;Job Value&#8221;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2425,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1],"tags":[],"class_list":["post-2421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expert-series","category-uncategorized"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/posts\/2421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/comments?post=2421"}],"version-history":[{"count":3,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/posts\/2421\/revisions"}],"predecessor-version":[{"id":2427,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/posts\/2421\/revisions\/2427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/media\/2425"}],"wp:attachment":[{"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/media?parent=2421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/categories?post=2421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/heavybid.ewksol.com\/index.php\/wp-json\/wp\/v2\/tags?post=2421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}