Include a way to show the profit margin for each item as it added to estimates as well as show the total profit margin near the total for the estimate. The profit margin should be dynamic in a way so that you could adjust your price and see the change in the item margin and total margin for the estimate. This would also work for invoices. Of course this would only be viewable to the business side.
Need this to be competitive in the CRM world.
I simply cannot believe that in EIGHT YEARS you have never built such a basic feature. It's *completely insane*. It is essential to specify your cost on EACH item of an invoice and markup (in % or in $). This is in ALL quoting systems ever invented for the past 25 years. Even Quickbooks desktop 1998 has it! How is it even possible that Zoho doesn't?
It would be great also if we can generate a report for Gross Profit Margin Per invoice
I'm also looking for this feature for Estimates and Invoices.
Come on Zoho, profit margin is so important !
Stu @ MSD commented
I am amazed this feature doesn't yet exist.
I should be able to look at my inventory and see a profit number and a calculator to make adjustments based on mark up required.
Please Zoho add this feature for your product. You told me at the Zoholics that it could be done.....i notice that it is now over 3 years since it was first suggested.
Bill Slaven commented
To add to this excellent feature you should be able to have an approval process for when the margin is below a certain %
Jake Gonzales commented
This is a critical feature for us in quoting remodel work.We adjust items markups differently to reach a desired margin on the entire estimate. All the information is there within the item when you create it. At the very least just have a box at the bottom of the estimate to toggle between a dollar amount of mark up on the estimate, a percentage markup or a margin? If they had this I would stay but if not i have to look elsewhere or stay with quickbooks desktop wich I hate! PLEASE GET THIS DONE!!!!
I am looking for this feature as well. Very important for us. Come on ZOHO please add this.
Gary Bromley commented
A fundamental requirement of any business is to understand the profit/margin on a business transaction.
Come on Zoho, what is the point of a "user voice" if you are not going to respond.
People are walking away from your product because there is no response.
When is this feature going to be available? This is a basic but important for accounting software to provide the option to tell us profitability by item or by customer. Any response from Zoho team?
Namita Bhandola commented
We recently switched to Zoho and are looking this feature (I just added it as a new feature request -
Zoho team, can you please give us an update on this? It is crtical to our business.
Dave Beckett commented
Is this going to happen? As mentioned earlier it's a very valuable feature (that many systems / CRM / Book-keeping provide)
A response from Zoho would be appreciated
Bill Slaven commented
This should be a standard and should also be visible within CRM when creating Estimates so that the margin shows and changing when changing discount levels
to be able to see profit and profit margin by invoice and by invoice line items is a key requirement for my business. please add this feature.
I will switch to other account software if this is not available or not planned
Kevin Comerford commented
This would be nice but we've just built a custom pricing integration in Crm to handle this from a custom module called RFQ where we can price and convert to either an estimate to our customers or a po tour vendor.
Andrew French commented
This is a basic for accounting software, to tell us profitability by item or by customer, etc. Why can't we do this already?
Devy van Dinteren commented
not only on estimates but also on salesorder. (you can calculate this to the amount if invoicing minus amount of purchasing) in this way you can see the profit you made on a deal. you can also show how many profit a sales person made.
this is one of our last questions before moving to zoho
Heavy Zoho Product(s) User commented
Yes this is a great feature which woukd become handy as you prepare a quote.