QB Issue Resolution:
You can default a markup rate by setting up in your QuickBooks account and settings. This way, it will automatically markup the total amount once you enter the rate and amount on a billable expense.
Here’s how to markup with a default rate:
- Click Gear icon.
- Select Account and Settings.
- Go to Expenses.
- Click Bills and Expenses.
- On Markup with a default rate of, enter the percentage amount on the box and mark it as checked.
- Click Save, then Done to apply the changes.
For additional reference, you can check this article on how to enter billable expenses.
Resolution for Issue 'We have to be able to have an automatic markup from the rate column to the amount column. Otherwise we cannot use Quickbooks for our business. How soon can you fix this?' available: Yes (Solved).
Source: Intuit Community forum.
We have to be able to have an automatic markup from the rate column to the amount column. Otherwise we cannot use Quickbooks for our business. How soon can you fix this?: 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 Account and Settings
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