top of page
Search

QuickBooks Online Can’t Show You Where You’re Losing Money

  • goldsmithconsultingllc
  • Jan 10
  • 2 min read

Most product-based businesses using QuickBooks Online think they understand their margins.

They run reports. They see revenue. They assume everything is fine.

But when you manage hundreds or thousands of SKUs, the truth is far more dangerous:

You don’t actually know which products are making you money — and which ones are quietly draining it.


The Problem: Limited Visibility Into Margins

QuickBooks is excellent for bookkeeping. It is not designed to manage pricing and margin performance at scale.

You can’t easily:

  • Compare margin by product category

  • Identify low-margin or negative-margin SKUs

  • See which products are underpriced

  • Detect losses hiding inside large catalogs

Instead, you get high-level averages that mask real problems.

A few unprofitable SKUs can disappear inside a big product list — even while your total sales look strong.


Why This Gets Worse as You Grow

The larger your inventory:

  • The harder it is to spot bad pricing

  • The more vendor cost changes you absorb

  • The more pricing rules, discounts, and tiers you apply

Without visibility, your business shifts from pricing strategy to pricing guesswork.

Most companies don’t find margin problems until:

  • Cash flow tightens

  • Inventory feels expensive

  • Profit suddenly disappears

By then, you’re reacting instead of controlling.


The Impact: Missed Opportunities and Silent Losses

Margin blind spots don’t just cause losses — they block growth.

When you can’t see:

  • Which products deserve more marketing

  • Which SKUs should be repriced

  • Which items should be discontinued

You end up spreading effort across the wrong places.

A handful of mispriced products can quietly drain thousands of dollars per year without triggering any alarms inside QuickBooks.


The Solution: Instant Margin Insights with The Pricing Assistant

The Pricing Assistant gives you something QuickBooks doesn’t :Real-time pricing and margin visibility across your entire catalog.

You can:

  • See margin changes instantly

  • Compare products and categories

  • Test new pricing strategies

  • Simulate cost changes

  • Identify underpriced and loss-making items

Before you sync anything back to QuickBooks, you already know what it will do to your profit.

No more guessing. No more delayed surprises.

👉 See margin visibility in action:https://www.thepricingassistant.com/demo


Value-Add: A Fast Way to Find Margin Leaks in QuickBooks Today

Until you automate this, try this:

  1. Export your Products & Services list

  2. Add:

    • Cost

    • Price

    • Margin = (Price – Cost) ÷ Price

  3. Sort by lowest margin

You will almost always find:

  • Items barely breaking even

  • Items selling at a loss

  • Items that haven’t kept up with cost increases

Those are your silent profit leaks.


Why Growing Businesses Use Pricing Software

As SKU counts grow, margin management becomes a system problem, not a spreadsheet problem.

The Pricing Assistant gives you:

  • True margin visibility

  • Cost-to-price transparency

  • Bulk pricing intelligence

  • And clean QuickBooks Online sync

👉 Get control of your margins:https://www.thepricingassistant.com


Final Thought

You can’t manage what you can’t see — and most margin losses happen out of sight. The Pricing Assistant turns hidden pricing problems into clear, actionable decisions.

 
 
 

Recent Posts

See All

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page