To help you navigate around or get the most out of QicWorks we have compiled a glossary of Key Words, Acronyms and Abbreviations.
Visible at Task level, the budget is the value of the job that the Supervisor is to work towards achieving. Generally, this value is slightly less that your Estimate value.
This value is the true estimated cost to complete this works.
This is the value of the works that you are quoting/charging your Customer. If the works is quoted, then this value includes your Job Markup.
The cost of works todate. This value includes your set Job Overhead percentage. The rates used to calculate this value is taken from the Nett Cost Pricing Table.
This value is calculated by multiplying Resource hours by the selected Customer Pricing Table plus any purchases (including their mark up)
This is the value that has been invoiced to date for works completed.
Everyone loves a good acronym, but sometimes they can be really confusing. Check out our list below and take all the guess work out of what you are looking at.
SKU – Stock Keeping Unit. This is a free text field whereby you can give your material/service its own code ie BOLT5/8 or manufactures part number 5484-6584
UOM – Unit of Measure. This free text field for entering unit of measure ie each, once, day, metre, m, ea etc
MOQ – Minimum Order Quantity. Used to set minimal quantities ie these bolts are bought in packs of 100 only, but used as individual units on the job.
Location – Free text field to enter a storage location ie workshop 1, Truck35, Shelf 6
Bin – Free text field to enter sublevel storage
location ie plastic tub 6, Shelf2Tub3, drawer2. Location and bIn are not