How to update the sales and purchase price of a product?

Go to Items > Products / Services

Click on the Product for which you need to update the sale or purchase price.

Click on the Edit option.

At the bottom, you can see the sale price and purchase price. Edit it and save.

Please note if there are already historical purchases and sales on the item the system may not allow you to update the purchase prices and a new item may need to be created.

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