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Yes, please add this feature as the current climate is seeing the prices changing constantly. I have also found that in the change over from MYOB the prices did not come across and I thought that when I entered cost price when entering a bill that it would update. But unfortunately not so I am having to do it manually. Very frustrating.

REMEMBER PRODUCT PRICE CHANGES

Let's say you have a product you sell, and when last purchased, its cost was $5.00. Now you have purchased it 2 months later and it's cost is now $10.00, when you enter that bill, Xero should recognise that product is now costing $10.00 and change it in your inventory so it remembers it next time you enter that same part number... Instead of having to edit the price every time you enter an invoice with that same product - even just a pop up box when you close the invoice that says something along the lines of "the price for (part # & description) has changed, would you like to update this" and the user can select yes if it's a price increase from supplier or no if it's a once-off price difference.

It's such a simple thing that could be changed. It adds so much time to invoicing, especially when entering parts that aren't whole numbers (e.g. 1.7, 2.5, 3.9, etc. as you have to calculate the cost per whole unit, divide it by the quantity and then adjust the price... every time)

Also, another suggestion in-line with this one. Can you make it when entering a bill, that you can edit the "Amount" column on the far right (so just enter the total value). That way, you can have your quantity set and then enter the total value amount, and Xero can calculate the cost per unit (and once again, prompt you if this price has changed from previous entries.

Thanks,
Aaron

I totally agree, I have to highlight my invoices to keep aside for when I have finished, then go into products and services and update each line individually. Would be so much easier if when changing price on purchase order or bill/invoice for a line item, it updates for those products in inventory.

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.