Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Say we have a product line we use for "shipping" we do 3 invoices and use that same product but we have 3 different costs how can we set it up so we can update the cost per invoice without throwing out other invoices with the same product "Shipping"
If we set up "Shipping" as a cost of $20 and then sell something and use that same "Shipping" and the cost to ship is $30 it will show a profit of $10 and a cost of $20.
Cheers
What type of item are you using?
Either change the shipping cost per invoice manually
or
set up three shipping items, each with its own rate.
There is pre-paid shipping, the amount you charge the customer at the sale, that is income.
then there is shipping expense when you actually pay the shipping
If we change the shipping cost per invoice it will change the cost of other invoices that have used that same "Shipping" product?
We don't make money off shipping we do it at cost and we don't have a flat rate due to the variety of items and sizes so that makes it difficult.
I know that MYOB used to have a product line that on the invoice page you could set the cost and sell price for that line and only for that invoice.
Thanks for the clarification, @GuyT.
Manually changing the shipping cost per invoice will not change the cost of other invoices that has the same shipping product. As long as the item is a non-inventory type, you'll be able to make adjustments from the invoice.
Also, you can consult with your accountant if you want more expert advice on how to better record it in your QuickBooks Desktop (QBDT) software. Additionally, to aid you in managing your item list and invoices, check out these articles for reference:
Let me know if you have other follow questions regarding about managing your invoices. I’m only a post away from you. Keep safe
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here