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Can I set a mark up in inventory eg 20% instead of manually calculating each item mark up?

 
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QuickBooks Team

Can I set a mark up in inventory eg 20% instead of manually calculating each item mark up?

Hi brondarconstruct, 

 

That's a great idea but at this stage, no we can't. The Service/Product option won't allow you to enter the percentage, only a fixed amount. 

 

Do you have the Expense Settings set up to default to 20%? 

 

  • Navigate to Settings 
  • Select Expenses 
  • Open Bills and expenses 
  • Tick Markup with a default rate of x% 
  • Save 

You can then continue adding Markup to your invoices by using Billable Expenses

 

Please let me knowi if you have any other questions at all. 

 

Thanks, 

Rebecca