Hi, I am curious to know if there was a way to calculate the gross profit margin on per quotation? We've been doing it with Excel on the side but not very efficient.

Hello maxcharron,

It sounds like you're using the option to create Estimates or quotes in QuickBooks Online. This is a great way to come to an agreement with your customer on the services that you're going to provide or products you're going to sell them, and at what price. Once it's been agreed upon by both parties, you can convert that Estimate into an Invoice. You're looking for a way to see how much you're making from each Estimate, and I have a couple suggestions.

If you navigate to the Reports menu in QuickBooks you can use the search field to type Estimates. This will produce two results if you're using QuickBooks Online plus: an Estimates & Progress Invoicing Summary by Customer report and an Estimates by Customer report. The first shows you Estimates sorted by customer. the amounts that you've invoiced your customers for, and the remaining amounts that you have left the invoice. The second report will simply show your Estimates organized by customer and whether they've been accepted or invoiced. 

If you're looking for something a little more specific, the manipulation you're doing in Excel is likely the best alternative for the time being. You're welcome to submit feedback on this though, so that our product development team knows it's something that we're missing. Do that by navigating to the Gear icon, then choosing Feedback. It's important to have your voice heard because we want to ensure that we're delivering features that meet the needs of our customers. You can check the New Features page on our website to see if your feature requests have been implemented. 

I'm here if you come across any other QuickBooks-related questions and concerns. Have a great day!