Roy
/ Categories: CADO Blog, Software

Quick Tip - Xactimate v25: Adjusting O&P Per Claim

Problem: Overhead & Profit is on the estimate when no O&P is needed or you wish to remove it.

 

Solution: Remove the O&P. To remove the O&P click on the Claim Info tab and then on the Parameters tab.

 

 

O&P 1

Once on the Parameters Page locate the O&P section and change the amounts to $0.00. No O&P will be added to the complete estimate.

 

 


 

Problem: O&P on an item that does not need O&P when O&P applies to the rest of the estimate.

Solution: To remove O&P from an individual item like roofing, click on the Unit Cost and be sure the Non-O&P option is selected.

 

 

 

 

 

 

 

 

 

Problem: O&P is added to the Sales Tax

Solution: If your instructions indicate that no O&P should be added to the tax.  To do this click on the Claim Info tab and then the Parameters as shown below.

 

 

 

Once on the Parameters screen look for the Sales Tax button and click it.

 

 

After clicking the Sales Tax button you will see the following.


Click on the Tax Type Drop Down (highlighted in the image above) to change to Neither.


When you proof your estimate you should see the Sales Tax after the O&P. You do proof your estimates, right? Be sure to check the client instructions for any special guidelines related to O&P. The images below apply to the Sales Tax.

 

 


 

Xactimate is a registered trademark of Xactware.

 

Print
153077

4 comments on article "Quick Tip - Xactimate v25: Adjusting O&P Per Claim"

4
0
Avatar image

Colleen Nance

Thanks Roy


0
0
Avatar image

Peggy

Roy,

What has happened since 2006? You haven't entered any tips on Xactimate, nor has anyone else. I am new to the program and am looking for input from seasoned users. Anyone out there?


0
0
Avatar image

Texas Adjuster License Online

Same here: looking for tips on Xactimate.


0
1
Avatar image

Danny Cave

WARNING!!!!!!!!! When you download a price guide from Xactimate they tax setting is set according to that States Tax Laws. Changing the tax setting can get you into trouble if a savvy GC or public adjuster finds out your doing it. Read more about this in Xactimate Help.

You may post any Xactimate questions to me at dannycave20@gmail.com I am currently teaching Xactimate 27.

Please login or register to post comments.

Theme picker


Forum Topics

Update: Commercial vs Residential

Hey everybody, thanks to each of you for your input.  All the advice and comments were put to good use. One of the most important things you did was eliminated the fear that we, in the

Posted: 07/11/2007 12:56 PM Replies: 1

What happened to the CAT adjusting?

I have worked as a property adjuster since 1990.  I started with Aetna and worked as a regular territory based staff adjuster (5) years, then independent staff (10) years and in between contract

Posted: 10/18/2009 9:53 AM Replies: 15

If a pig eats your car, will your insurance cover the damage?

From an article on timestrscript.com;   If a pig eats your car, will your insurance cover the damage? The answer, according to the folks at Allstate, is yes, but only if you tell the whole tru

Posted: 03/29/2010 12:18 PM Replies: 12

NEED A CAT PARTNER

 I am REAL good at estimating. Can look at 10 claims by lunch using my system. Am willing to work two weeks and if you dont make more money than you ever have, my work is free except expenses. On

Posted: 07/11/2013 6:29 PM Replies: 26

Brinkman Claim Service

Anyone ever worked for Jeff Brinkman, Brinkman Claim Service?  Just trying to apply the Know Before you Go!

Posted: 08/20/2007 1:28 PM Replies: 13

25 yr old felony conviction, problem for Texas Adj App?

Just wondering if anyone has any feedback for me on this? I have a 25 year old felony theft conviction that was for a few hand tools -- shouldnt have been close to a conviction but had court appointe

Posted: 09/22/2007 5:03 PM Replies: 28

Hello

Just wanted to say I am really enjoying reading the information this forum has. It deffinately brings everything to light.

Posted: 09/23/2008 7:02 PM Replies: 5

Glossary of Roofing Terminology

These terms and commentary could well help you with reporting and/or determining loss issues. I would suggest you save them in bookmarks or print to take with you in  folder.Glossary of Roofing T

Posted: 11/26/2006 8:56 AM Replies: 1

Underfunded Insurers in Florida

According to several recent articles in Florida newspapers a multitude of insurers operating in the state of Florida are severely underfunded and would not survive the aftermath of even a Cat 2. This

Posted: 03/11/2010 3:00 AM Replies: 3

You receive a commercial claim assignment, what do you do?

This question is posed to you by an independent inside claims consultant.  I've been in your shoes as a field adjuster, both staff and independent. You are an IA, and a new assignment comes in v

Posted: 08/07/2012 6:06 PM Replies: 33