Change price of inventory group item

MistiR · ‎September 17, 2021

I have encountered a unique problem. A vendor has an item we buy and sell frequently that is technically a group, i.e., several items make up one product, while the individual items can (and do) sell separately. The price of the item (group) is less than the sum of its parts. I need to be able to group all the items together, and then price it according to the vendor's specifications, while leaving each individual item at it's non-bundled price. Below is a broken-down explanation:

Item 1: $2395

Item 2: $712

Item 3: $310 = total $3417

Items 1, 2, 3 as a Group: $3275

Is there a way to give a Qb inventory group its own price which is not equal to the sum of its parts? I'm currently using QB Desktop for Mac 2019. Any info would be appreciated.

Misti

katherinejoyceO · ‎September 17, 2021

Thank you for taking the time to express your concern in the Community. @MistiR.

The option to adjust the price of the bundled item's inventory group is currently unavailable.

As a workaround, you can add a discount item to the bundle to reduce the overall price of all items. Otherwise, use third-party software or any inventory management app that can be integrated with QuickBooks.

For a list of programs that work best with QuickBooks Desktop, please visit our QuickBooks Apps page.

For future reference, check out this website for more ideas and helpful articles in the Little square.

I'll be available to assist if you have any questions. Have a fantastic day!

View solution in original post

katherinejoyceO · ‎September 17, 2021

Thank you for taking the time to express your concern in the Community. @MistiR.

The option to adjust the price of the bundled item's inventory group is currently unavailable.

As a workaround, you can add a discount item to the bundle to reduce the overall price of all items. Otherwise, use third-party software or any inventory management app that can be integrated with QuickBooks.

For a list of programs that work best with QuickBooks Desktop, please visit our QuickBooks Apps page.

For future reference, check out this website for more ideas and helpful articles in the Little square.

I'll be available to assist if you have any questions. Have a fantastic day!

MistiR · ‎September 18, 2021

Thank you for the suggestion to add the discount. I think that will work well.

DavidK288 · ‎December 10, 2021

I have been trying to do the same thing - discount a group. I think I have talked to Quickbooks help for 4 hours. Can you explain what you mean by “As a workaround, you can add a discount item to the bundle to reduce the overall price of all items.”. I tried to add a negative item to reduce the price but it was not allowed. Thanks in advance for the help.
DavidK

LieraMarie_A · ‎December 10, 2021

Hi there, @DavidK288. I've got the detailed steps on how to add a discount item to the bundle.

First, you'll have to create a discount item.

Select the Lists menu, then select Item list
Select the Item button, then select New
Select Discount from the Type dropdown and fill out the needed info. You have the option to set a discount percentage or specified dollar amount. You’ll also need to specify the account to use to track your discounts.
Select OK when you're ready.

After that, you can create the bundle including the discount.

Go to Lists, then select Item List (for Windows) or Items (for Mac).
Select Item and click New (for Windows). For Mac, select the Plus + icon and choose New Item.
Select Group from the Type dropdown
Fill out the item fields. Ensure to include the discount item.
Select Save.

For your reference, check out the answers to frequently asked questions about handling items in QBDT. Head to this article: Add, edit, and delete items.

Be sure to keep in touch should you need any more help in setting up your items. I'm always around to help. Have a great day.

DavidK288 · ‎December 11, 2021

Thank you. This worked great for me. I am sooo happy to have this forum to ask questions.

DavidK288 · ‎December 11, 2021

Thank you. This suggestion worked great for me. I am soo happy to have this forum.

DavidK288

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Change price of inventory group item