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anthonywillard
Level 2

Ordering goods based on purchase price and not sales price

Have a need to order goods from my factory and the estimate needs to show the 'Buy' price (what I pay to the factory for my goods) and not the Sale price. Is there a way of creating an estimate template that shows this?

Solved
Best answer December 30, 2022

Accepted Solutions
JonpriL
Moderator

Ordering goods based on purchase price and not sales price

You do not need to create a new estimate template, @anthonywillard.

 

You can create purchase orders to display the purchasing price of any goods from a factory. I'm adding this article to learn more about purchase orders: Create and Send Purchase Orders in QuickBooks Online.

 

Once done and you are now about to pay for these goods, you can convert these entries and use these details with the payment option. Use this article for the steps: Add Purchase Orders to vendor transactions in QuickBooks Online.

 

You may also read this reference that'll help understand the difference between the vendor transactions you can use: The Difference Between Bills, Cheques, and Expenses in QuickBooks Online.

 

If you have other concerns about the payments and purchases, please let me know. I'm just around ready to lend a helping hand. Take care always!

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3 REPLIES 3
JonpriL
Moderator

Ordering goods based on purchase price and not sales price

You do not need to create a new estimate template, @anthonywillard.

 

You can create purchase orders to display the purchasing price of any goods from a factory. I'm adding this article to learn more about purchase orders: Create and Send Purchase Orders in QuickBooks Online.

 

Once done and you are now about to pay for these goods, you can convert these entries and use these details with the payment option. Use this article for the steps: Add Purchase Orders to vendor transactions in QuickBooks Online.

 

You may also read this reference that'll help understand the difference between the vendor transactions you can use: The Difference Between Bills, Cheques, and Expenses in QuickBooks Online.

 

If you have other concerns about the payments and purchases, please let me know. I'm just around ready to lend a helping hand. Take care always!

anthonywillard
Level 2

Ordering goods based on purchase price and not sales price

Many thanks for the reply this looks to be what I need. 

GebelAlainaM
QuickBooks Team

Ordering goods based on purchase price and not sales price

You're welcome, anthony. 

I'm glad that we're able to resolved your concern. Please know that, assisting and providing the right resolution for our valued customers is our top priority. If you have any questions about QuickBooks, you can always drop by and post your concerns. I’ll make sure to address that as soon as I can.

Also, I added this article to your reference when checking the latest updates about the product: The QuickBooks Blog.

I'm wishing you have great new year and a prosperous business!

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