It's great to have you join us, Jen45. Allow me to help you with this.
The awesome thing about billable expenses is that QuickBooks Desktop knows to calculate these charges for you. As soon as you mark an expense as billable and then add it to an invoice, you'll see the amount of the charge plus provincial rate included in the rate to the customer.
Here's an example.
Say my expense is $500 + the GST/PST tax for British Columbia. That works out to $560. I've marked it as billable and chosen a customer I'm going to invoice it to.
When I add the billable expense to my customer invoice, I see an amount of $535 as the rate to the customer. This is the $500 + the 7% PST. There were no extra steps I had to take in order for this to calculate in.
Give it a try and see if that works for you! Having these sorts of intuitive features is one of the many way QuickBooks Desktop keeps things as simple as possible for you. You can learn more about billable expenses right in your QuickBooks Desktop program by following these steps.
- Click the Help menu in the top toolbar.
- Choose QuickBooks Desktop Help.
- Select the Help tab on the Have a Question? window.
- Click Search.
- Type keywords such as "billable expenses" in the search bar and hit enter.
You'll find related articles and helpful tips to help you with your transactions.
I'm here if you need anything else. Have a great day!
