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Showing posts with the label item profitability

Item Profitablilty By Invoice Sales Report

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Item Profitability By Invoice We recently had a request from a client to produce a report from his QuickBooks file that would show him the profitability of a particular item over the course of time on a per invoice basis. Since his cost and his sales price have varied over time this would be a very useful report : What margin were we making in the first quarter vs. the second? Do we need to raise our price to maintain our margin? The problem, as he quickly discovered is that QuickBooks has no such report - nor way to modify a report to get in...