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November 5, 2024
Question

Profit

  • November 5, 2024
  • 1 reply
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I need to be able to create an invoice or report that shows the actual amount of the 10% profit I make off of invoices. How would I do that?

1 reply

November 5, 2024

Thanks for reaching out to the Community, vgreen3285.

 

You can use your Transaction Journal for the specific invoice you're referring to.

 

Here's how:
 

  1. In your left navigation bar, go to Sales, then All sales.
  2. Find and open the edit screen for an invoice you're working with.
  3. Click More.
  4. Select Transaction Journal.

 

While reviewing your journal records, you'll see each sale on the invoice. This may help to identify an invoice's profits.

 

As for reports, you have various profit & loss and invoicing reports which could help you to find the information you're looking for. Check our Reports included in your QuickBooks subscription article to identify which specific report might best suit your needs.

 

To run a general Profit & Loss report:
 

  1. From the Reports screen, access your Profit and Loss report.
  2. Make any necessary customizations.
  3. Select Run report.

 

In the event you need a second set of eyes while working with invoices and reports, our QuickBooks Live Expert Assisted team is available to provide guidance and help with best practices for making the most of your books.

 

I've also included a couple detailed resources about working with reports which may come in handy moving forward:
 

 

Please feel welcome to send a reply if there's any additional questions. Have an awesome Tuesday!