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Quick Books

I have decided to use QUICKbOOKS FOR MY IT BUSINESS. WELL I AM NOT TOO GOOD WITH ACCOUNTING BUT I AM LEARNING. NOW I NEED TO UPDATE THE PRICES THE PRICE OF MY HP INKJET CARTRIDGES NOW HOW DO I UPDATE MY PRICES THE COST PRICE OF COURSE. I HAVE BOUGHT QUICKBOOKS 2004 PREMIUM FOR MYSELF. IT WAS PRETTY EXPENSIVE BUT I THINK IT IS WORTH IT.
PLEASE HELP ME
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gnoble786
Asked:
gnoble786
1 Solution
 
simonlimbCommented:
I don't know quickbooks, but the first place to look for this info is in the help section of the software itself, (but you have probably done that already).  Then I would post this question in the "apps" setion of this site , where you would more likely get an answer to your query. Sorry I can't give you an answer, good luck!
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rindiCommented:
Sorry, never heard of the quickbooks network protocol. Is it something similar to netbios?
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MarakushCommented:
Well if you want to update the price.

You have to create another item number for the product. Basicly create a new item for the existing product.

This is to perserve history.

Some accounting software (Not sure if QB dose it, I haven't looked at it in a few years) will really be unhappy with changing price points in the history of the product. It depends on how the data structure is configured.

Lets say you have have invoice 10 selling item ABC for $10.00 each.

You want ot raise the price of item ABC to $15.00 each.

If you change the price of item ABC to $15.00 from $10.00  will invoice 10 in your history also change to $15.00 thus making a mess of all of your invoices.

So you might want to add item ABCD and use the price $15.00 and then start using the new item.

Like I said I used it years ago for my business, I just forget it it played with the history files or that was ACCPAC that did. Either way I would try a test invoice with a new product before I changed the price point that might hose me.

Marakush

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