When you add a subtotal item or a percentage discount or other charge to an…invoice, those items interact with other items in the invoice table.…A subtotal item simply adds up all the previous lines up to the last subtotal or…the top of the table.…A discount or other charge item that is setup as a percentage, applies that…percentage to the value on the previous line, which means you have to add…subtotals and percentage items to the invoice in the right place, or they won't…do what do you want.…
To see how this works, on the homepage click Create Invoices.…In the Customer List select a customer.…In the Item Code cell, choose the items you want to add.…Let's says some demolition work and some carpentry work.…Suppose you want to discount what you charge for both of these services.…If you add a percentage discount item after the carpentry item, QuickBooks…applies the discount only to the previous line, which is the carpentry work.…
So you have to add a subtotal.…The subtotal adds up the amount for the lines up to the top of the table in this case.…
Author
Released
2/24/2010- Establishing a company file and Chart of Accounts
- Creating purchase orders and paying bills
- Invoicing customers
- Tracking time, mileage, and other non-inventory items
- Monitoring sales and inventory
- Paying sales tax
- Reconciling accounts and bank statements
- Running and printing reports
Skill Level Beginner
Duration
Views
Q: I have QuickBooks Pro 2011. Will this course work for me?
A: Yes. The changes in QuickBooks Pro 2011 are minor, and all the information in QuickBooks 2010 Essential Training applies to QuickBooks 2011.
Related Courses
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Excel 2010 Essential Training
with Bob Flisser6h 21m Beginner -
Excel 2010: Financial Functions
with Curt Frye2h 18m Intermediate
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Introduction
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Welcome52s
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Editions of QuickBooks3m 24s
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Disclaimer36s
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1. Touring QuickBooks
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Opening a company file2m 4s
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2. Setting Up a Company File
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Creating a company file5m 33s
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3. Setting Up a Chart of Accounts
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Creating an account2m 26s
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Making an account inactive2m 17s
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4. Setting Up Customers, Jobs, and Vendors
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Creating a customer profile3m 40s
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Adding customer information4m 32s
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Creating a job2m 18s
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Making customers inactive1m 38s
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Creating a vendor2m 40s
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5. Setting Up to Sell Services and Products
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Why use QuickBooks items?2m 59s
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Creating a service item4m 26s
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Setting up time tracking2m 52s
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Entering time4m 19s
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Tracking mileage4m 34s
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Setting up sales tax2m 14s
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Creating a group of items2m 16s
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Making items inactive1m 42s
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6. Paying for Expenses
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Entering a bill4m 37s
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Paying bills4m 5s
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Writing a check for expenses3m 17s
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Paying with a credit card1m 40s
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Paying with cash2m 53s
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Paying sales tax2m 17s
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7. Invoicing
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Creating an estimate2m 49s
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Handling a customer credit4m 57s
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Producing a statement4m 44s
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8. Printing and Emailing Forms
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Setting up print options4m 13s
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Printing one or more forms4m 29s
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Emailing a sales form3m 2s
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9. Receiving Payments
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Receiving a payment3m 49s
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Depositing payments3m 31s
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10. Reconciling a Bank Account
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Correcting discrepancies5m 33s
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11. Running Reports
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Running a report3m 45s
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12. Working with Journal Entries
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Why use journal entries?3m 3s
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13. Managing Your Company File
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Creating a new user4m 58s
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Backing up your company file6m 10s
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Restoring a company file2m 31s
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Conclusion
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Goodbye27s
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Video: Using subtotals, discounts, and other charges