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Level 1

Can we get a Quick books report with percentages? I need a report that will give the profit margin percentage. I also need a percentage spent on wages?

 
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QuickBooks Team

Can we get a Quick books report with percentages? I need a report that will give the profit margin percentage. I also need a percentage spent on wages?

Welcome to the Community, mary8.

 

I can provide a few insights about the reports in QuickBooks Online. 

 

At this time, the program doesn't have a report specifically for the Profit Margin percentage. As an alternative, you can use the Profit and Loss % of Total Income report. This can help show the money you earned and money you spent over a period of time. 

 

Here's how:

  1. Go to Reports in the left navigation panel. 
  2. Make sure you're in the Standard tab.
  3. Scroll down to the Business Overview section, open Profit and Loss as % of total income
  4. Select the Date Range you need. 
  5. If you want to include other percentage amounts, click the Customize button. 
  6. Expand the Rows/Columns part, then put a check mark to other information you need.
  7. Click Run Report

As for your second concern; you'll also be able to see the percentage spent on wages from the same report (Profit and Loss as % of total income). You just need to open the report, scroll down to the Payroll Expenses section (see screenshot below). 

 

To give you an overview about the available reports in QBO, check out the article below:

 

Available reports in QuickBooks Online

 

I can see how a Profit Margin Percentage report can make your QuickBooks experience even better. I'll pass this along to our engineers. It would also help if you could send this as a feature request directly to them. To do so, go to the Gear icon, then Feedback

 

If you have other questions in mind, you're always welcome to drop by the Community. Rest assured, I'll be around to help you more. 

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