Quotes - Applying Mark up
Applying Mark up in Quote - Ability to hit 'apply mark up' and select specific costs / folders that the mark up is applied for. Ie labour costs are not based off markup but the products are. If you hit 'apply mark up' the markup gets applied to every single cost.
Kim McQuarrie
shared this idea
Rounding back on the idea here it sounds like using non tracked inventory could be a solution.
In Products and services you can add items and enter a Purchase price and a Sales price for the same item.
This means you can add the marked up price for Sales and when you select the item in Quotes or Invoices this price will be reflected for the line item.
Alternatively, you could add a discount to lines of your invoice if there is a general amount or % by which you would mark up items.
Keen to hear your feedback for these options.
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Domenic Lentini
commented
Defiantly would like a mark up option. i do not use xero for quotes because of this. being a trade contractor mark ups change regularly
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Dennis Seyersdahl
commented
Kelly Munro (Admin, Xero) as this may seem like a work around it is easier to add a markup to show how much one wants to mark up a product. Although, the feature would have to have a way to show a discount to the user. Some users I mark up more than others due to several factors. One being risk of payment taking too long. I want my customers to see the MSRP so that they know how much I am saving them. It is important to show them these costs. It is what keeps them coming back. And I like to track items. They do not need to see the markup cost, but the translated Discount percentage from the MSRP from the markup.
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Michael Frame
commented
Happy even if its per line item we select for Markup to be applied to.
Big miss not having this option readily available in invoices and quotes.