How do I get the sales price to adjust on existing items

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Courtenay
Courtenay Member Posts: 7 ✭
edited August 2018 in Accounts Hosted
I have a default mark up of 40% on new inventory items. When entering existing items from a bill with a different cost a warning comes up asking if I want to "update the item with the new cost", I select 'yes" however this only changes the cost price and leaves the sales price. How do I get it to adjust the sales price also using my 40% mark-up? 
(It will save me time if I don't have to go into Item List and adjust manually after entering bill).

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  • Luke
    Luke Moderator, Reckon Staff Posts: 221 Moderator Moderator
    edited August 2018
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    Hi Courtenay,

    Unfortunately, because the sales price is not something that appears on a bill or invoice there is no shortcut method of updating this. You would need to go into the item in the item list and update it that way. Alternatively, you could export the item list as an IIF file, edit the prices in the IIF file and then import it back into your file.

    I hope this helps.

    Luke.

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