These settings allow you to add or subtract a percentage based on the Product and Labor total for a Project, as well as choose to what level you want the Unit Price to round to for Projects.
Price Adjustments can be either positive or negative. Product Adjustment and Misc. Parts Adjustment are applied to Products/Equipment. Labor Adjustment is applied to Labor.
Examples: Product Adjustment can be used to add a discount to a Project. Misc. Parts Adjustment can be used to account for consumables on a project. Really, they can be used for any reason to increase/decrease the price of products and labor in a project.
Each of the Product-related adjustments can be overridden per Phase, and the Labor Adjustment can be overridden per Labor Type basis to get more granular.
SI uses four decimals for pricing fields in the Catalog. This helps to improve accuracy when dealing with wire pricing that is sold by the foot or meter. On some or all of your projects you may have "clean" numbers so you can choose to round to two decimals or zero decimals.
Note: When rounding to zero decimal places, the "Do not round between" options become active and default to -0.50 and 0.50 to prevent pricing for anything 0.50 or below from rounding to zero.
This setting will allow you to choose if you would like to round the Unit Price of an item to, say, two decimals instead of four within a project. There is an option if you want to also apply rounding to the "Net Unit Price" field. The Net Unit Price is the price after the Discount is applied within a project.
This setting will allow you to choose if you would like to round the Unit Cost of an item to, say, two decimals instead of four within a project. There is an option if you want to also apply rounding to the "Unit Cost with Tax" field. Unit Cost with Tax only applies if you have enabled Use Tax.
The adjustment values only add or subtract pricing from a Project, there is no Unit Cost associated with these so by default they are not used in calculations of your margin or markup. However, the rounding option you choose will affect the margin/markup of Items/Projects.
The values for these fields display on the last page of the stock Proposal (non-Install) reports in SI:
If you wish to change the wording "Product Adjustment", "Misc. Parts Adjustment", and/or "Labor Adjustment" on your reports, there are Reports Settings for this.