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RenjolynC
QuickBooks Team

How to add markup to estimate?

Thanks for chiming in on this thread, FredyB.

 

For now, the Markup feature in QuickBooks Online is used only on the billable expenses for vendors. While the option to add a Markup column on estimates is unavailable, I recommend sending a product suggestion by going to the Gear > Feedback. Your request will be forwarded to our Product Development Team for review.

 

To check on the latest news and feature updates, please visit our QuickBooks Blog

 

If you require additional information or you have other concerns, please let me know in the comments below. Take care and stay safe!

amyzeehaight
Level 1

How to add markup to estimate?

I agree with this individual.  Why can't the developers add back the mark-up column in the estimates?  This is so time consuming to add an itemized markup on a separate line for every billable item.  This is so STUPID AND FRUSTRATING as I also notice this request has been made for over a year and still nothing has been done to remedy this issue.

Kitchens Inside Out
Level 2

How to add markup to estimate?

Please just add a column for markups on both invoices and estimates - this jumping through hoops to achieve a simple accounting action is ridiculous and a waste of time which small business owners have precious little of.

 

Kitchens Inside Out
Level 2

How to add markup to estimate?

This problem has been identified for over two years now - What is the problem??? Please fix asap!!! We don't have time to waste with subpar products and customer service - fix it now!!!

kgm801
Level 1

How to add markup to estimate?

I completely agree with what has been said in this thread. My small business utilizes the markup feature on quotes more than any other feature. This needs to be added immediately. Blows my mind that it's on desktop but not on QBO. 

lisa220
Level 2

How to add markup to estimate?

This is a feature that is a must.  Apparently QB only adds features they can charge more money for.  They are so focused on selling services they are neglecting their core business.  I would consider switching to

QB desktop, but we travel a lot and have remote workers which makes the desktop version not ideal.  Because QBO does not offer this feature, I  QBO mostly  for payables and only use the invoices for small jobs.  Which means I have to create my estimate and billing on a spreadsheet and then enter the income manually to a income category.  I can't predict cashflow, I have to have multiple spreadsheets to do what QBO should be doing for me.  Very complicated and time consuming.  It is very apparent QuickBooks, does not care about the actual functionality and helping users like ourselves.  They are all about the bells, whistles, and the appearance of having a quality product, when in actuality it is only smoke and mirrors.

lisa220
Level 2

How to add markup to estimate?

Reading the previous replies from all the team members, it is very obvious, you all have absolutely no understanding of how contractors create estimates and our needs.  Just tell  your team leaders to be honest and they need to remove any wording on your products that refers to contractors. QBO does not cater or provie a quality service to contractors.   I read the blog posts and most products QB unleashes are fee based or irrelevant.  Tags- really this is where QB put its efforts into?  

MarkupNeeded
Level 1

How to add markup to estimate?

I can only assume an auto mark up still does not exist? I would love to enter my purchase cost of an item, and set a predetermined mark up % for that item. IF the cost of the item goes up over time, my mark up stays fixed and I don't have to worry about a shrinking margin if I forget to manual add the selling price 

AlexV
QuickBooks Team

How to add markup to estimate?

Hello there!

 

I understand that you really need to have the markup feature on estimates. Let me assist you with this.

 

Currently, the markup in QuickBooks Online can only be added to the invoices when you add billable expenses to it. The best option I can suggest for now is to create a service item and add it to your estimates.

 

Also, please send feedback to our engineers about this feature. The more requests they receive, the more chances it'll be prioritized. Go to the Gear icon, and select Feedback.

 

In addition, you can check this article: Enter billable expenses. This will show you the detailed steps on how to record and track billable expenses if you need help.

 

Leave a comment again here and we'll assist you. Have a great day!

atreeves
Level 2

How to add markup to estimate?

As others have said, this basic feature that goes to the heart of how many businesses function has been on request for almost two years now.  This is the reason I am trying to find a service I can replace QBO with.  I have new adds on my dashboard daily, but your response to person after person wanting a simple and straightforward accounting practice is to cut and paste the same work around over and over.  DISPLAYING A MARKUP ON AN ESTIMATE by adding a new line item IS NOT ACCEPTABLE.  Building a bundle for every item to hide a markup is not acceptable because your mobile app doesn't work with bundles (another thing that's been requested for years that you've ignored.)

 

I bid projects with about 90 line items (thankfully not all used most of the time).  Every subcontractor has a different rate so depending on who I have available I have to multiple their value times the markup in column one by one.  This is absurd and I dare anyone at QB to tell me they think any business should have to work this way.  I'm tired of waiting.  You guys refuse to add even the simplest functionality for businesses but every time i load up my software there are adds wanting me to sign up for this or that service to make QB more money.

 

How about fixing the basic stuff and oh by the way I pay for this service so WHY DO I HAVE QB ADDS EVERYDAY on my dashboard?  I don't want new services.  I want a functional accounting tool that works instead of every question being given a workaround method.

BWahlers
Level 1

How to add markup to estimate?

As a contractor, we really need the Estimate to have the ability to add markup WITHOUT our customer seeing it just like we can do on Invoices.  This has caused years of frustration and seeking other apps that will do this as this is a Huge waste of time!  Desktop did it, why can't this be pushed to the top of the list for QBO to add the markup check box to the Estimate side??! 

 

It has been requested for years as I read through the comments on this very question.  Fix the issue QuickBooks, don't give us a work around. This is essential in contractors continuing to use QBO or QB Time.

 

 

Wise-RV
Level 1

How to add markup to estimate?

Been researching this... and we are still using a calculator to figure markup/cost % on jobs.  Wishing there was a 'job budget' or 'GP %' listed for cost vs. total job price.  There is to much time invested in breaking down cost and retail for hundreds of line items we use between materials and labor, where the items come from, ect- just for all of this useful information to not populate where it is needed (i.e. on the estimate screen we use when bidding on jobs).  

kndzpntnr
Level 2

How to add markup to estimate?

Are there any updates on this?? We also use this in our company and yet QB hasn't even implemented a feature like this!!

Adrian_A
Moderator

How to add markup to estimate?

Hi kndzpntnr,

 

I can see how convenient to be able to add a mark-up on the Estimate.

 

As of now, this option is still unavailable. That said, I'd suggest sending another Feedback to our Developer's team. You can do this by clicking the Gear icon and then selecting Feedback. Enter your suggestion, and click Next

 

Then, you can track feature requests through the QuickBooks Online Feature Requests website

 

As a workaround, you can create a service item and add it to your estimates.

 

Also, whenever you're ready to create an Invoice out of the Estimate, you can check this guide: Convert Estimate to an Invoice.

 

Feel free to get back to this thread if you have other concerns.

kndzpntnr
Level 2

How to add markup to estimate?

Why would I add "markup" as the service item in QB?? Why would I want the customers see that I am marking up our products? 

LCP Builds
Level 2

How to add markup to estimate?

We are a cost + 20% business and it is shown in the contracts as such. The transparency is helpful. I'm not trying to hide anything so why would I not show them?

atreeves
Level 2

How to add markup to estimate?

Because most businesses do not directly show their margins to client.  Thats great if you are setup like that by contract, but we are not.  It makes zero sense to me why markup can't be hidden?  Option to show it, great!  But not being able to hide it is unbelievably dumb

kndzpntnr
Level 2

How to add markup to estimate?

Completely agree! This has been an issue for so long now and yet it isn't being addressed! 

ericreedy-gc
Level 3

How to add markup to estimate?

If you ever used the desktop version you would know that there was a way to add the markup but not show it on an estimate or invoice.  I mark up all my materials.  It pays for my admin.  I currently can't use quickbooks for estimates because I can't use this as a feature.  It's a glaring omission.  I just can't figure out why they couldn't bring the same features over from the desktop version.  For as much money as everyone pays them, it's seriously messed up.   

jfd123
Level 1

How to add markup to estimate?

I migrated to QB Online 2 years ago and was excited about being able to be completely mobile with my books using just a tablet while allowing my accountant constant access. It cost me a considerable amount of money to migrate from the desktop software. As soon as the migration was complete, I went to create my first estimate. NO MARGIN COLUMN!!! Needless to say, that was a giant show stopper. I had to go back to the desktop software because I can't possibly operate my contracting business unless I know how much money I'm making on each item as I'm creating the estimate. Plus the total margin at the bottom let's me know right away if this is a loser job. I just checked in on this still unresolved issue because I'm ready to reconsider QB Online now that the desktop version is an annual subscription. Clearly the only thing that matters to Intuit is recurring revenue. How about making your products usable instead on just more expensive? GFY

Brodsky
Level 1

How to add markup to estimate?

Quick books had the #1 Small business Accounting software, Now they Suck! Hopefully an American developer will put them out of there misery!

Kimisyntec
Level 3

How to add markup to estimate?

Itis so silly that you can't look at your markup on the bottom like you do with Desktop.  That will keep me from Migrating to QBO as well.  My husband does estimates for a construction company and MUST see what the overall profit on an estimate is.  Seems like this would be an easy fix.  I have been working with Desktop for many many years, with many clients and this in itself would keep me from recommending it...

ndamo
Level 4

How to add markup to estimate?

This has been done.  I think you need the advanced version and projects to be turned on , and you can make a project cost estimate

Kimisyntec
Level 3

How to add markup to estimate?

What about seeing at the bottom of the estimate?

ndamo
Level 4

How to add markup to estimate?

THe bottom looks like a normal estimate, but in the top corner it shows estimated net profit 

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