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  1. Billable Expenses - Ability to add margin/mark-up

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    31 comments  ·  For small businesses » Business features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, appreciate your interest of this idea. While we don't have direct development for this planned right now we wanted to share a workaround that may help you here. 

    When adding the billable expenses to an invoice, you can override the unit price. Using Xero's inbuilt calculator, you include margin/mark-up by multiplying the unit price by the percentage you wish to mark up. 

    We understand this doesn't cover all situations of needs expressed. We will continue to monitor this idea and share if there's any progress. 

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    Clayton Bennett commented  · 

    Need to include both markup and margin when this feature is added as they are different.

    Markup:
    cost x markup = total cost

    Margin:
    cost / (1 - margin) = total cost

    Clayton Bennett supported this idea  ·