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Feature | Revenue-Based Calculation | Independent Calculation |
|---|---|---|
| Cost derived from revenue | Yes (markup applied) | No (costs are entered independently) |
| Revenue auto-filled based on cost | Yes | No |
| Separate handling of VAT, price, and items | Limited | Fully flexible and detailed |
| Cost and revenue linkage | Direct | No linkage (manual entry) |
Fill by Revenue
The Fill by Revenue button is available on the Costs tab of the Project Estimates (create) form when the estimation method is set to Independent Calculation of Costs and Revenues.
When clicked, it automatically fills in cost estimates using the revenue figures already entered on the Revenues tab. This provides a quick way to generate initial cost values, which can then be adjusted manually if needed. This function ensures consistency between projected revenues and expected costs, streamlining early-stage project budgeting.
Refill Cost Prices
The Refill Cost Prices button updates the Price fields in the Costs tab using the latest values from project item pricing documents.
When selected, the system checks each cost item against relevant project-specific pricing records and replaces outdated prices with the most current approved values. A confirmation prompt is displayed before proceeding with the update.
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This ensures cost accuracy and standardization based on previous procurement.
Change Cost Form
The Change Cost Form allows for bulk modification of project cost estimates. Users can adjust values by a specific percentage or a fixed AED amount.
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Example: A 5% increase on a 658,380 AED budget adds 32,919 AED, updating the cost and reducing profit accordingly.
Pick Button
The Pick button enables users to select and insert cost items into the Costs tab from various categories, including:
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This speeds up cost entry and helps ensure items are categorized correctly based on the type of expense.
Fill by Templates
The Fill by Templates feature allows users to load predefined sets of cost structures into the Costs tab. These sets are drawn from other projects marked as templates.
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