Assigning invoices and purchases to different verticals

[BaseRock]

Is there a way to “assign” invoices to different verticals and have this show separated out on the P&L report?

We operate in two primary verticals and it is critical to our business to see how each is vertical performing independently of one another as well as then seeing a consolidated view. We have been calculating this manually to date which takes a long time and is subject to human error; if it is possible to do this all within QuickFile then that would be ideal. I am aware the QuickBooks has this feature but I prefer the user interface in QuickFile and don’t want to have to change accounting software if I don’t have to.

[FolkLondon]

@BaseRock

We operate in two primary verticals and it is critical to our business to see how each is vertical performing independently of one another as well as then seeing a consolidated view. We have been calculating this manually to date which takes a long time and is subject to human error; if it is possible to do this all within QuickFile then that would be ideal. I am aware the QuickBooks has this feature but I prefer the user interface in QuickFile and don’t want to have to change accounting software if I don’t have to.

My first reaction with this is to use project tagging. We use this to give an individual view of each edition of the magazine.

[QFMathew]

Hello @BaseRock

As @FolkLondon points out, I believe the project tag feature would be the best way to approach this. This allows you to allocate upto 5 project tags to an invoice or estimate, and produce profit and loss reports based on those tags. And I’m pleased to say, it’s a growing feature too.

I’ve included some links below which will hopefully prove to be useful, but please let us know if you have any queries:

Projects in QuickFile

Introduction Projects offer a simple way to group together your sales, expenses, estimates and purchase orders into a single container. This makes it easier to report on a specific activity within your business for example a project you’re working on for a client or perhaps a new division in your sales team. We’ve designed the project system to be as flexible as possible by relying on what we call project tags. Essentially you can apply tags to any of your sales invoices and purchase invoices …

Project Tagging Enhancements

We’ve just added a few enhancements to the project tagging module. See all your tags from the invoice management screen If you glance up to the top right hand corner on the invoice management screen (also applies to purchases, purchase orders, quotations and recurring invoices) you will now see an additional button Show Tags. [image] When you click this it will rebind the list of invoices with all the project tags sitting below the description. You can click on these project tags to jump str…

Project Tagging Updates

Over the last month we’ve been busy working through a number of your project tagging requests to simplify the tagging of invoices, estimates, purchases and purchase orders to your projects. Here’s a brief roundup of the recent changes: ##Inline tagging for invoices, estimates and purchases Previously you had to create your document first before applying your project tags. Now you can simply enter your tags inline when you create your invoice, estimate, purchase or purchase order. [image] ##S…

Project Tagging Updates (January 2018)

Today we have released a couple of enhancements to the project tagging system. These updates are detailed below. Filter invoices and purchases with no project tags This was a popular request on our forum. For some time it has been possible to show project tags within your main invoice / purchase list. Now you can pop open the advanced search and filter all invoices / purchases that are either “untagged” or “tagged”. [image] This new search filter will allow you to easily identify those invoi…