Factors are a simple way to add additional charges or credits on a project-wide basis. You can use factors to add misc expenses, hardware, travel costs, taxes, fees, shipping, labor, discounts, etc.

Before you can add a factor to your project, you will need to set up your company factors in the Settings area.

Go to Settings > Company > Factors, then click +Add Factor.

This will open a window where you can define the parameters of the factor. 

Set the factor name and description, then select a Factor Method from the dropdown menu. 

Factor Methods are used to determine the price of the factor. There are several methods to choose from. If none of the pre-calculated methods work for you, you can simply use a flat-rate and enter whatever price you'd like.
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Next, select the factor category that most closely relates to this factor.  
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​Factor Categories determine where the money is allocated in your financial breakdown. For example, our Travel Expenses factor is categorized as "Travel" which is a Labor category. Even though this factor is calculated based on a percentage of equipment price, the value will show up in the 'Labor' section of the financials.  
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You can also select whether you'd like this factor to be default (automatically added to every new project), protected (only admin can edit/delete), taxed (at the tax rate of the project), or hidden (rolled into its corresponding category on the proposal, rather than having its own line).

Now that you have set up a factor in the settings area, head back to your project and open the Overview page. Click +Add Factor and select a factor to use. 

You can adjust the numbers here as needed. The numbers you set up in the Settings will populate by default, but you can always change them on a per-project basis.

Once the factor is added to your project, you will see the factor total on the Overview page, and in the Builder (select All Rooms/All Systems to see the full factor total - otherwise each room you are viewing will shows its corresponding percentage of the factor total based on the labor category.)

NOTE: Due to projects being protected from outside changes, if you want to make edits to an existing factor in a project (e.g., have that factor be taxed, but it isn't currently), you will first need to go to Settings>Company>Factors, then edit the factor, and finally go back into your project, delete the old factor and re-add the new factor for the changes to take effect.

You may also find our tutorial video on Factors - Charges and Credits helpful.
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Feel free to message us if you have any questions!