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.
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.
Ben Hartwig commented
This is a critical requirement I think for every business. No matter what it is being sold, there is always a cost, whether it is a product being sold at a markup, or an internal burden rate of labor, material, or utilities required to make a product. there is always a burden cost to do business, and not being able to track internal burden costs and true profit is making zoho invoice very cumbersome to use for me. Otherwise a great product! please add this feature, VERY important