How to create and use Items that perform Calculation

To create and use Items that perform Calculation

There are four item types that perform calculations on the amounts of a sales form. If you want QuickBooks to perform any of these calculations, you must have an item for each calculation you need.

Subtotal - A subtotal. You must use a subtotal item before calculating a discount or a charge that covers several items.

Discount - An amount to be subtracted from the total. If you are applying the discount to more than one item, you must first use a subtotal item and then apply the discount to the subtotal.

Payment - Partial payment you receive at the time you write an invoice. A payment item reduces the amount owed on an invoice.

Sales tax - The tax that QuickBooks calculates in the Tax field on sales forms.

• First of all, you have to enter to the Item List dialog box and click on the Item button.

• And then choose New..in the menu.

• After that you can see the New Item dialog box appeared. Choose the type you want.