How to price from cost and markup

Give a price list entry or a line its cost and a markup percent, and the price is worked out as the cost plus the markup.

Updated 2026-10-24

Most parts are priced as what they cost you plus a markup, e.g. a $10.00 fitting at 35% markup is $13.50. Otto works that price out for you, on your price list and on any line of a quote, job or invoice.

Where

Quotes → Price list → press an entry to open it: Cost and Markup.
On a quote, job or invoice: under the lines, press Add cost and markup. Each line then shows Cost and Markup.

Steps

Type the Cost, e.g. 10.00.
Type the Markup, e.g. 35.
The price becomes the cost plus that percent of it, rounded to the cent: 13.50. The price box is greyed, because the price now comes from the cost.

Good to know

When the cost of a price list entry changes, type the new cost: the price moves with it. Quotes and invoices already written keep their lines.
A cost without a markup is kept as a note of what the line cost you; the price stays what you typed.
Picking an entry from your price list copies its cost and markup onto the line.
The customer never sees a cost or a markup: their quote and invoice pages show prices only.
Costs are money. A position that does not see money is not shown them, and lines it saves keep the cost they had.

If it doesn't work

"A markup needs the cost it is added to." Type the cost first.
"That cost and markup come to more than a line can hold." Check the numbers; a markup can be at most 1000%.