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Please add this feature! And sales price too please.

Having to do this manually is way too time consuming and almost becomes pointless. XERO advertises itself as an automated admin solution, yet it fails to automate this simple feature???

Another thing MYOB has over XERO...

Bill - Edit inventory item from bill.

It's great that we can now edit an inventory item from invoices. But I often need to edit an inventory item when I receive a new bill and its cost has increased.

COULD YOU PLEASE ADD AN EDIT INVENTORY FEATURE WHEN EDITING A NEW BILL.
That way I can update cost price and sale price as they change straight from the new bill page instead of having the new bill page open and the products and services page open in another tab.

Our buying prices are constantly increasing and our purchasers consistently purchase the same products so automatic increase in sale price would be fantastic.

And sales price update too

its amazing how XERO has a bunch of simple functions that are missing and would make life a lot easier. coming from MYOB (which has its own issues) there is a number of features that make MYOB a lot easier to operate

Essential for an imports based business. Purchase price is dependent on AUD which is constantly changing.

Option to update purchase(sales) item prices to be updated.
It would be nice to have the above function than manually going to items after entering purchase invoices and update one by one or import, when suppliers have increased their prices.

I have a client with well over 2000 items and the prices change regularly - particularly now since supply chains have been disrupted and fuel / transport costs etc. Having to go back and manually update the price is too time consuming so it remains undone which is not good as stock valuations are then incorrect.

This would also be great if it could show on selection a date for last price change as things are moving so rapidly at the moment, you would know if you needed to check for a price increase before quoting customer.

Our inventory items have increased in price numerous times over the last couple of years so it would be great if this was a priority. The double entering just isn't efficient.

For all items i purchase I leave the purchase price on the product record as 0.00 because the costs fluctuate, then i input with each invoice.

I wouldnt want the sales prices to be updated across repeating invoices if I raise the price on the product record. Our customers have contracts stating their prices and just because i raise the price for new customers, doesnt mean i want it to be raised on the existing ones.

There definitely needs to be some way to update pricing while entering new bills, having to go back into the inventory list and update each price manually takes up a lot of time. We used to use Reckon which would ask you if you wanted to update the saved price if you changed the price while entering a new bill, this would be great!

Xero is great but is the first accounting software system I have used that does not automatically update cost of goods purchased when entering a suppliers bill.
Other systems have the ability to sell a good at a fixed price just like Xero or the ability to sell at a set mark-up percentage.

So so time consuming changing each product / service, then having to update the repeating invoice, then have to change the draft invoice, to then have to check if you have remembered each step as it is so time consuming.
Would be good if you could select each item (bulk) then increase for example 3%, which could then prompt you to update your invoice's. I have lost so much money not being able to be onsite as a small business working at each of our properties earning hourly.

I think this is really important as it will save time on the next purchase order

anyone know of a system platform that does this as xero obviously are not interested

Please would you look at this as it is a massive time saver.

I cannot believe that this doesn't happen in Xero! It is the worst waste of time to have to go into the item and manually change the purchase price. We are in a competitive pricing world where prices fluctuate constantly, particularly in our business where we have over 2500 inventory items. We have recently changed over to Xero believing it would be a time saver, this makes me what to change back!

This would be so much easier. It takes me 3 days to update all of my repeating invoices when i do price changes. I will have to move to another accounting system as my business grows if this is not sorted.

Agreed this is absolutely necessary. As an additional benefit, it would be useful to be able to export (and import) from the products and services screen to include the average cost column, to make for faster bulk editing in Excel before import.