Estimates
Overhead & Profit and minimum charges
Wave builds in overhead and profit (O&P) and minimum charges where your estimate needs them, tells you what it added, and keeps them current as the estimate changes. Remove any of them with a line edit.
Some estimates carry money that isn't tied to one room: overhead and profit (O&P), and minimum charges. On the kinds of work where these are normal, Wave adds them when it builds the estimate and tells you what it added. You can take any of them off.
Which estimates include these lines
- Repairs estimates. Wave adds a minimum charge for a trade whose work on the job comes in under that trade's minimum, so a small piece of work still covers the trip. Wave adds O&P to repairs estimates where the scope calls for it.
- Roofing estimates. Wave checks with you before it adds O&P to a roofing estimate and applies your choice. Roofing adds a minimum charge when a small job needs one.
- Fire estimates. Wave adds a minimum charge when a trade comes in under its minimum. Ask Wave if you'd like O&P on a fire estimate.
- Any estimate. Ask Wave for O&P, for example "add 10 and 10 on the whole job", or name the sections it should cover. You get one Overhead line and one Profit line per estimate. They default to 10% each and you can change the rates. A repeat request updates them in place.
How Wave tells you what it added
When Wave builds the estimate, its reply names what it added and how to remove it. The lines sit on the estimate like any other line, so you and anyone you share it with can see exactly what they add.
Remove what you don't want
These are ordinary lines, and taking them off is a line edit:
- Select the lines in the section and delete them, or
- Ask Wave in chat, for example "take off the overhead and profit."
If you remove one by mistake, use Undo and redo.
They stay current as you edit
O&P and minimum charges depend on the rest of the estimate. When you change other lines, by hand or by telling Wave, these lines recalculate on their own. Estimate history marks those updates as recalculated, so they are easy to tell apart from a hand edit.