QB Issue Resolution:

Changing the default rate that appears when creating an invoice or sales receipt in QuickBooks Online (QBO) is pretty easy. This can be done by editing the item’s rate in the Products and Services page.

 

Here’s how:

 

  1. In QBO, go to the Sales menu at the left pane to get to the Products and Services page.
  2. Locate the item that you’ll use in an invoice/sales receipt.
  3. Click the Edit option under the Action column. 
  4. Change the rate in the Sales price/rate field.
  5. Hit Save and close to complete the process. 

 

Once done, create a test invoice or sales receipt using that item to double-check.

 

Just in case, I’ll add these articles for future reference:

 

Resolution for Issue 'How can I change the default amount that appears in the rate field when I create a new invoice or sales receipt ? Four years ago QBO support helped me change this default amount, and I can’t remember how it was done. I am raising my rates again and can’t find where to do it.' available: Yes (Solved).
Source: Intuit Community forum.

How can I change the default amount that appears in the rate field when I create a new invoice or sales receipt ? Four years ago QBO support helped me change this default amount, and I can’t remember how it was done. I am raising my rates again and can’t find where to do it.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for Edit a product or services
Quickbooks Repair Pro will resolve it efficiently and affordably. Guaranteed resolution of your issue, or you pay nothing!

Error Recovery for Edit a product or services [Canada]
E-Tech is the #1 Quickbooks data migration and Conversion service provider.

Get 50% off Quickbooks Online

Click Here for 50% off!

Additional Support Options: