PO Markup

Created by Pavithra Devara, Modified on Fri, 12 Dec at 1:18 PM by Yogashree MP

The Purchase Order (PO) Markup Item configuration is used to define markup charges that apply to a PO based on slab ranges. The PO Markup Items allows users to define and manage additional cost components or markup items associated with a Purchase Order (PO). These markup items may include admin charges, background verification (BGV) fees, consolidated billing items, or other recurring/one-time costs.

STEPS TO CONFIGURE PO -MARK-UP :

Navigate to settings >> Staffing Masters >> PO Mark-up Line Item

Below is the brief explanation for each item to configure in the application.

Field Name	Description
Title	Internal name for identifying the markup item (Example: Service charge)
Display Name	which determines how the item name will appear in pay-register
Item Type	Defines the nature of billing.
	1.Recurring : Every month markup will calculate on salary header
	2.One Time : Mark-up will calculate only one time
	3.Recurring Expiry : Mark-up will calculate based on the Expiary months provided upto hat markup will calculate in month
Default Rate	User can enter either Flat Rate or Percentage as Defaukt rate
Recurring Expiry Iterations	Controls how many cycles the markup should apply (0 indicates no limit).
Prorate value as per Timesheet Attendance	If enabled, markup calculation will be prorated based on attendance (Pay-period)
Consider this item only if Period is greater than	Markup applies only when the PO pay period is longer than the specified value.
Include Additional Days (OT Days) for Prorate along with Pay Days	Adds OT days while prorating along with pay-period
Consider Markup CAP to	Defines a maximum markup value to avoid exceeding contractual limits.
Value Round	Determines how markup calculated amounts are rounded (NA, Round Up, Round Down, etc.).
Enable Rate slab	Will enable the slab in the dropdown based on requirement. Below explanation provided for each line item in brief
Consider Minimum value of slab Rates	the system automatically applies the minimum rate defined within the applicable slab range during calculations, rather than using the average or maximum rate. This ensures that, for any given condition falling within a slab range, the lowest eligible rate value from that range is considered for billing,

ENABLE RATE SLAB :

Section	Description
Time Sheet Present Percentage	The ratio (in %) of days an employee or consultant has marked attendance in the timesheet compared to the total working days in a period.
Gross Salary Range	The total salary range before deductions.
Billable CTC Range	Markup will calculate on Based on the condition will configure , Ex: given at below snap
Joined Count (Requirement Level)	The number of employees or consultants who have joined under a particular project requirement or level.
Staffing Tenure (Days)	The total number of days a resource has been staffed on start date and end date of the employee.
Employment Tenure (Days)	If any employee transfers in the middle of the month, new staffing start and end dates of the employee mark‑up will calculate.
Attendance (Pay) Days	The number of payable working days in a month for the resource.
Fixed CTC	Mark‑up will calculate on Fixed CTC of the employee.
Fixed Basic	Mark‑up will calculate on Fixed Basic of the employee.
Average Man Days (Consolidated Billing)	Mark‑up will calculate on bill period of the employee (where employee belongs to Rate card Billing).
Payroll Count	If user processes payroll with a specific count, mark‑up will calculate based on the count in payroll transaction.

Configuration on Billable CTC Range in Mark-up :

After processing payroll, Markup will calculate based on given condition

If mark-up needs to calculate for particular salary header means we need to enable the highlighted option which is shown below.