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denherderhomes
Level 1

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...

 
6 Comments 6
LuannMeador
Level 3

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...

Look under Gear > Account & Settings > Expenses > click on the answer to "Make expenses and items billable" in the on position and your markup option is there.

Mark_R
Moderator

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...

Hello there, @denherderhomes.

 

As of this time, we don't have an option to add the MarkUp column on Estimates.

 

The markup feature in QuickBooks Online is used only with billable expenses on the vendor side. As a workaround, you can create markup account and add it on your estimates in the second line.

 

Here's how:

 

  1. Click the Plus icon.
  2. Choose Estimates.
  3. On the Product/Service section, click Add New.
  4. Select Service.
  5. Set up the item.
  6. Click Save and Close.
  7. Enter the markup amount.
  8. Enter the estimate information.
  9. Click Save.

 

Another way around, you may also want to check out the bundle feature of QuickBooks Online. This allows you to add mark ups to the products and service you offered to your clients. The big plus in there is that you can include bundles in creating your estimates.

 

Here's how:

  1. Click the Gear Icon.
  2. Go to Products and Services.
  3. Click New.
  4. Choose Bundle.
  5. Enter the name of the bundle.
  6. Add the product and/or service included in the bundle.
  7. Also, add the Mark Up.
  8. Click Save and Close.

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Keep me posted if there's anything else you need or you have follow up questions. I'm still here to help you more.

Malcolm Ziman
Level 10

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...

@denherderhomes 

 

The QB Desktop "markup" option on Estimates is dangerous because it uses the hard-keyed Cost entered in item set up, that does not ever change even when you purchase the item at a different cost

Rustler
Level 15

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...


@Malcolm Ziman wrote:

@denherderhomes 

 

The QB Desktop "markup" option on Estimates is dangerous because it uses the hard-keyed Cost entered in item set up, that does not ever change even when you purchase the item at a different cost


not true Maloclm, cost on the item screen will change when you buy something, it you do not tell QB not to.

Rustler
Level 15

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...

@denherderhomes 

 

QBO is nowhere as functional as desktop

a non partisan comparison of QBO vs QB desktop
http://onsale-apparel.com/Rustler/qbo-or-qbdt
(cost comparisons are at the end of the article)

 

Malcolm Ziman
Level 10

My 2016 QB has a "markup" option on my Estimates. I just got QB Online and can't find that option...


@Rustler wrote:

@Malcolm Ziman wrote:

@denherderhomes 

 

The QB Desktop "markup" option on Estimates is dangerous because it uses the hard-keyed Cost entered in item set up, that does not ever change even when you purchase the item at a different cost


not true Maloclm, cost on the item screen will change when you buy something, it you do not tell QB not to.


I stand corrected. I assumed it was like QBO, which does NOT ever update, which it should. Dumb.  

Although it is the latest price paid, not the average, but I guess that makes sense

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