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July 20, 2019
Question

I want to set up a default markup percentage, but I don't want that revenue showing in a separate income account, and my client has several income accounts on their P&L. How can I allocate to the same income account as the rest of the sale?

  • July 20, 2019
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1 reply

July 20, 2019

Hi Susan Wright,

 

In QuickBooks Desktop, you can choose which account you'd like to post the Markup sales. Let me show you how to turn it on:

  1. Click on the Edit menu.
  2. Select Preferences
  3. Select Time & Expenses.
  4. In the Company Preferences tab, check the box for Mark all expenses as billable, Track reimbursed expenses as income, and Create invoices from a list of time and expenses box.
  5. In the Default Markup Account drop-down, choose an income account.
  6. Click on OK.

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