A markup column is needed in QBO. It allows businesses to add a variable profit to non-inventory materials. Even if it was a fixed amount, QBO requires that I go into every product and add the markup as a sales price on top of cost (outrageous amount of setup time), and even then there's no way to see, when creating an estimate, what the profit will be on materials. I just spoke with a rep who said I could upgrade to Plus membership to track project profits - I assume this means the difference between cost and sales price. That membership/plan is not a reasonable expense for a small business with no payroll or inventory tracking. Being able to track job profit is an enormous part of any business' books, large or small, so this is a big problem for QBO. Deal-breaker, actually. No doubt many small businesses return to Desktop after learning this.
A markup column is needed in QBO. It allows businesses to add a variable profit to non-inventory materials. Even if it was a fixed amount, QBO requires that I go into every product and add the markup as a sales price on top of cost (outrageous amount of setup time), and even then there's no way to see, when creating an estimate, what the profit will be on materials. I just spoke with a rep who said I could upgrade to Plus membership to track project profits - I assume this means the difference between cost and sales price. That membership/plan is not a reasonable expense for a small business with no payroll or inventory tracking. Being able to track job profit is an enormous part of any business' books, large or small, so this is a big problem for QBO. Deal-breaker, actually. No doubt many small businesses return to Desktop after learning this.