Example Media Plan - Supplier markup applied, Client markup applied

Supplier has a special markup and the client has a special markup.

In this example, Client wishes to spend $10,000.00 on an internet campaign. Client has a default markup of 7.5% for Facebook advertising. You have $9302.00 to spend on the campaign. The mark up for the client is $698.00.

Step 1 Create a client record with special mark up

Client has a special markup of 7.5% for kind code “FACE”.

Step 2 Create a supplier record for the digital media supplier.

If you want a 10% cut, the markup has to be 11.11% with the commission set at zero%.

The markups on the kind codes:-

Step 3 Create Media Plan

Enter the date range.

Enter the number of units - 10 units.

Enter $10000 in the “Bill to client” field.

The client’s default markup rate of 7.5% appears. You have $9302.33 to spend on the campaign. The markup for the client is $697.67.

Step 4 Change status of job to "live"

Step 5 Create a purchase order for the supplier

Refer page: PO for single suppler for all outstanding bookings and Create POs for all suppliers on the job

Select bookings; PO is dated 30 Apr 2021 and due date is 1 May 2021.

Click on the Create button to create the PO. Result is as follows:-

Step 5: Create Invoice

To create a client invoice, click on the Create Invoice button.

Only booked media spots appear for invoicing, i.e. the POs are approved.

Click on Save button to create the invoice. The completed invoice is as follows: