How to See What You Make on an Order
Question: Is there any way to see what I make on an order?
Answer: Unfortunately, QuickBooks does not have the function of showing the gross profit of an order for non-inventory items, which is what most of a distributor’s orders are.
If you create orders in SAGE, however, you can see what your gross profit and gross profit percentage are in an internal form called “Office Copy.” If you created the order in SAGE, you can select “Office Copy” at the top of the screen when you open a sales order or invoice in SAGE’s order management function. This is for your internal purposes only, and it shows both what you are charging your custom-er by line item and what the supplier is charging you with the gross profit and gross profit percentage calculations. I think it is often overlooked by distributors, but it is a very nice way to see the entire or-der on one sheet.
Please email accounting questions you would like considered for the column to HGatter@AccountingSupportLLC.com with the subject line of "Ask the Accountant.
Harriet Gatter, owner of Accounting Support LLC, was an ad specialty distributor for 23 years and an adjunct professor of accounting at Neumann University. She sold her ad specialty business in 2012, became certified as a QuickBooks ProAdvisor, and now works exclusively with ad specialty distributors nationwide on their QuickBooks, order management and accounting needs.