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Overhead costs are an inherent part of running any firm, encompassing expenses such as rent, utilities, marketing, and other operational costs. It is essential to consider these costs when calculating your profit reports to ensure that your firm is generating profit on each project.
Within your Monograph Settings, there is a designated field for accounting for these expenses: the Overhead Multiplier. This multiplier allows you to incorporate your overhead costs into your profit reporting, providing a more accurate and comprehensive view of your firm's financial performance.
How to Add your Overhead
To set up your overhead, navigate to the left-hand side of the main screen, click on your initials, and go to Settings.
Within the Organization tab, you'll find the Overhead Costs section.
Enter your Overhead Multiplier - see the section below. (refer to the section below for guidance).
Click Save.
Overhead Multiplier
The Overhead Multiplier is an indirect metric applied to your overhead costs. These costs may include:
Overhead labor costs, such as staff members who are not part of Monograph.
Overhead expenses, including employee fringe benefits, rent, utilities, software, marketing costs, and more.
👉 If you need assistance calculating your firm's billing multipliers, check out our Architect Overhead Calculator for step-by-step instructions.
How this Information is Used
The Overhead Multiplier you enter here will be factored into the calculations for your firm's Profit Reports. Learn more about reports here.