Calculated recurring bill

QuickBooks Online (QBO) doesn't directly calculate bills based on sales figures,  Jim05. However, I know a way for you to track it accurately in QuickBooks.

To create a calculated bill based on monthly sales, manually enter the equivalent amount on the transaction. 

Here's how:

1. Go to the Gear icon and select Recurring transactions.
2. Click on New, and choose a bill from the dropdown.
3. Enter the necessary details and click on Save template.

To process your payment via ACH using Bill Pay, navigate to the Expenses & Bills section, locate your bill, and select Schedule Payment.

Additionally, make sure you have a Merchant Service account for this purpose. For further details, please refer to this guide: Learn about QuickBooks Bill Pay.
 

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