I know how to select the billable expense and add it to my invoice.
It carries over to the invoice with actual cost, not the sales price entered for the item.
How can I get it to post the sales price on invoices without having to look each item up as I go?
Setting a markup percentage on billable expenses will ensure the sales price is automatically reflected when added to the invoice in QuickBooks Online (QBO), Falcon.
When you add a billable expense to QuickBooks Online (QBO), please be aware that initially, only the actual cost of the expense will be displayed. To reflect the sales price, you'll need to configure a markup percentage in the settings, which will automatically adjust the listed cost to your desired sales price on the invoices.
Let me walk you through the steps on how to enable the markup feature in QBO:
By enabling this feature, QBO will automatically calculate and add the markup to the billable expense, reflecting the correct sales price on your invoices.
I'm sharing this article to learn more about the billable expenses feature: Enter billable expenses in QuickBooks Online.
Additionally, I recommend exploring this helpful resource on managing your expenses: Enter and manage expenses in QuickBooks Online. It could provide you with valuable insights and further streamline your expense-handling process.
Furthermore, are you familiar with our QuickBooks Live Expert Assisted team? They are great at streamlining how you manage entries and oversee your financial activities. I strongly suggest looking into their services; their assistance could greatly enhance your accounting experience.
If you need additional help with this setting or any further assistance, please don't hesitate to add them in the comments, Falcon. I'll be here to assist.
Thanks for the reply but our markup is not a percentage across the board. I think I would be better off just not using this feature.
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