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Level 1

Tracking of free product in Quickbook

How will affect the cost when we give free product ? for example if we make promotion like for 5 tyre +  1 tyre as free.1. How to create this promotion in Quick book Enterprise desktop ? 2. How to make this promotion in invoice.? 3. How can we track this promotion item invoice in Quickbook Enterprises?. 4.How will affect this free product in cost?

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Level 15

Tracking of free product in Quickbook


@it wrote:

How will affect the cost when we give free product ? for example if we make promotion like for 5 tyre +  1 tyre as free.1. How to create this promotion in Quick book Enterprise desktop

You either list the item again with a zero sales price, or increase the qty sold but set the total sales price to the price of 4.

 

? 2. How to make this promotion in invoice.? 3. How can we track this promotion item invoice in Quickbook Enterprises?.

 

You can set a class to tag the give away and do a class report to see how many were included in sales that way

 

4.How will affect this free product in cost?

cost is what you paid for it, whether you give it away or sell it the cost is still the same, and it posts to COGS for an inventory item when you put it on the invoice


 

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