Hello there, SandyB12.
Glad you joined us here in the Community space. I’m here to share some information about mark up in QuickBooks Desktop.
The markup box will only show on your invoices if the item or product you’re using has a markup on it. To add a markup on an item, follow the steps below:
1. Go to List on the top menu bar.
2. Select the Item List.
3. Double-click on the item you want to markup.
4. Click Edit Markup tab on the right pane.
5. On the Type of Markup, select Use default (“Percent over Cost”).
6. Under the Markup Percent, enter 20%.
7. Click OK to save and close.
8. Click OK again to exit from the screen.
To mark up items on an invoice by expense type, perform the following:
1. Click on the Customer menu and select Create Invoices.
2. Select Customer: Job from the drop-down menu.
3. Click on Add Time/Costs on the upper portion of the screen.
4. On the Choose Billable Time and Costs window, navigate to the Expense tab and choose the item expense that you want to mark up.
5. In the Markup Amount or % field, choose how much you want to mark up the item.
6. Indicate the revenue account you want to use to track the income in the Markup Account field.
7. Click OK.
You can also manually change the price if you don’t want to markup all the expense items on an invoice. To do this, leave the Markup Amount field blank and change the number of items in the Amount column. However, if you do this, QuickBooks will recognize the markup as an additional expense rather than a business profit.
By following the steps above, you should be able to use markup on your invoices in QuickBooks Desktop.
Please let me know if you need anything else. I’ll be around to help. Wishing you and your business success!
