Wholesale and retail?


J

Jeff Taylor

I sell certain items retail, and the same items wholesale to dealers.
Is there a way to mark a particular transaction as wholesale?

I can set the account for an individual item as Sales:Retail or
Sales:Wholesale, but can I somehow do both without creating duplicates
for every item?

Thanks!

-JT
 
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T

Tee

Jeff Taylor said:
I sell certain items retail, and the same items wholesale to dealers.
Is there a way to mark a particular transaction as wholesale?

I can set the account for an individual item as Sales:Retail or
Sales:Wholesale, but can I somehow do both without creating duplicates
for every item?
Nope, not properly anyway. If you want to do it correctly, create an item
for each and direct it to the appropriate income account. Create a new
sales tax item for wholesale. You *can* use just one item to encompass both
but you'll need to leave the sales amount at $0 and assign only one income
account and have both kinds of sales be lumped together in that account. If
you do the latter then I'd recommend creating a class called Wholesale so
you can pull reports on those transactions.
 
A

Allan Martin

Jeff Taylor said:
I sell certain items retail, and the same items wholesale to dealers.
Is there a way to mark a particular transaction as wholesale?

I can set the account for an individual item as Sales:Retail or
Sales:Wholesale, but can I somehow do both without creating duplicates
for every item?

First tell us why you need this duel classification. Is it for sales tax
reasons, financial reporting or both?
 
J

Jeff Taylor

Allan said:
First tell us why you need this duel classification. Is it for sales tax
reasons, financial reporting or both?
It's just for reporting. On my reports, I wanted to break sales into
retail and wholesale. I mark the wholesale customers as non-taxable,
which takes care of the sales tax.

I'm handicapped by not knowing anything about accounting methods.
Usually when I can't get QB to do something that I want it to it means
I'm attempting to make an accounting blunder.

-JT
 
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A

Allan Martin

Jeff Taylor said:
It's just for reporting. On my reports, I wanted to break sales into
retail and wholesale. I mark the wholesale customers as non-taxable,
which takes care of the sales tax.

I'm handicapped by not knowing anything about accounting methods.
Usually when I can't get QB to do something that I want it to it means
I'm attempting to make an accounting blunder.

Since the same items are sold to retail and wholesale customers in most
cases the simple solution is to start using classes.
 

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