We introduced you to the new ‘Item Profitability Report’ in our QB Monday Minute two days ago. The new report only became available with the recently releases R13 update to QuickBooks Desktop Enterprise v24. Remember, Intuit did not release a v25 (aka: 2025) edition of QuickBooks Desktop Enterprise and supposedly has no intention of future annual versions. They have however been releasing new, enhanced or improved features to QBD-Enterprise v24 every quarter or so.
The new Item Profitability Report allows users to quickly identify profitable and unprofitable items. With this new report, you can:
- Track how your items are selling and compare the quantity sold, cost, sales price, planned vs. actual markup, and margin in one view.
- Identify item sales needing improvements.
- Gain insight into what your item costs have been doing with both ‘actual’ and ‘original cost’ pricing information.
Remember, this new report is only available in QuickBooks Desktop Enterprise v24.0 R13 (and above).
You can read the Step By Step when you register for our FREE Premium content offering.
