Wrapping the Job: Estimate vs Actual, Approved Overages and the Final Invoice
This lesson is part of the course
In this lesson
You compare actual costs with the estimate line by line, decide what is billable under Northlight's overage policy, calculate the final invoice and flag the overruns the studio had to absorb.
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Lessons in this course
- The Estimate Skeleton: Recce, Prep, Shoot, Travel & Hold Days at the Right Rate Locked
- Crew Day Rates & Overtime: Ten-Hour Days, Time-and-a-Half and Double Time Locked
- Kit & Studio Hire: Day Rates, the Three-Day Week, Insurance and Half-Day Studio Blocks Locked
- Production Expenses: Catering, Mileage, Per Diems and a Handling Markup Locked
- Usage Licences: Pricing Media, Territory and Term with a Multiplier Rate Card Locked
- Post-Production: Retouching Tiers, Edit Hours per Finished Minute and Revision Rounds Locked
- The Estimate Top Sheet: Contingency, Tax, Gross Margin and a Section Chart Locked
- Wrapping the Job: Estimate vs Actual, Approved Overages and the Final Invoice Locked