Sell to different division within company

Glad to see you here in the Community, @Liftco.

In Quickbooks Desktop (QBDT), we can also use class tracking. It will track account balances by department, business office or location, separate properties, or any breakdown of your business. I'll guide you how:

Turn on class tracking:

1. Go to the Edit menu, and then select Preferences.
2. Select Accounting, then go to the Company Preferences tab.
3. Click the Use class tracking for transactions checkbox.
4. If you want a reminder when you haven't assigned a class, select the Prompt to assign classes checkbox.
5. Select OK.

Set up class categories for expenses and accounts:

1. Go to the Lists menu, and then select Class List.
2. From the Class drop-down arrow, select New.
3. Enter the class name.
4. If it's a subclass, select the Subclass of checkbox and find the class it's under.
5. Select OK to add it.

For more information, you can check this article: Set up and use class tracking in QuickBooks Desktop.

Just in case you want to run reports by class, feel free to check out this article for more guidance: Filter, sort, or total reports by Class.

Keep in touch if you need any more assistance with this, or there's something else I can do for you. I've got your back.

I might not be understanding your response or I didn't clarify myself.  When I sell an item from one division to another within the company I would like to set up parent company to get charged COST not SELL price.  Is this possible?

I can share some more insights about this item resale setup in QuickBooks Desktop, @Liftco,

Normally, when you create a sale, the system automatically applies the selling price assigned to the item. If you want to use the cost, simply override the amount on the invoice with how much it will be sold for.

See this for example, the Sales Price is for $1799 but you can override it with the original cost which is $1500:

Whatever the amount indicated on the invoice will reflect as your income, regardless of the item's selling price.

Let me know if you need further help with this. I'm just a post away if you need anything else. Have a good one!

Overriding amount is what I do now, I wanted to know if I can set up the customer so that when I invoice and pull up a P/N it will automatically know to make unit amount cost.

Thanks for following up with the Community, Liftco.
 

You can use Advanced Pricing to tell your books when to automatically change prices of items on sales forms. This feature works according to you create. Each rule can contain multiple conditions that must be met before a price is changed.
 

There's a few important things you'll want to be aware of:

• Price rules won't apply to estimates or invoices created from estimates with a markup column.
• If a billing rate and price rule apply to an item, your rate will be applied instead of the rule.
• When price rules are enabled, price levels will be converted into rules.

Here's how to enable your Advanced Pricing feature:

1. In the top menu bar, go to Edit, then Preferences.
2. On your left pane, access Sales & Customers.
3. Open the Company Preferences tab.
4. Find your Custom Pricing section and choose Enable Advanced Pricing.
5. Specify how to handle price rounding if necessary.
6. Select OK.

Now you can start creating rules and setting their conditions.
 

Please feel more than welcome to send a reply if there's any questions. Have a wonderful day!

Thanks Zack, I just enabled Advanced Pricing and haven't had a chance to look into yet, but will let you know how it goes or if I need more help.