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HollyNorth2021
Level 1

Price List Update

Hi, 

 

I am trying to update the price list from a specific vendor with more than 1000 SKUs. 

I have different cost price, list price and % of price increasing. How I can export my price list, update on excel and then upload it again in QB?

 

Please advise how is the best and quickest way to do price changes. 

 

Tks

11 Comments 11
katherinejoyceO
QuickBooks Team

Price List Update

Hi there, @HollyNorth2021.

 

Thanks for visiting the Community today. I'd be glad to walk you through updating your price list. 

 

In QuickBooks, you can update companies with large inventory lists provided by a few vendors using an .IIF from your vendor. You can do this by importing the updated file into your company file to record the changes. However, this will erase the existing fields that you didn't update.

 

First off, we'll have to use the Add/Edit Multiple List Entries options. You can also copy your data from Excel then paste it into the Add/Edit Multiple List Entries window to expedite the process. 

 

Here's how:

 

  1. Go to the List menu, then choose Add/Edit Multiple List Entries.
  2. Click the List drop-down arrow, then select the list that you want to update.
  3. Choose in any field and begin making changes, then copy (Ctrl+C) the data from Excel then paste (Ctrl+V) it into the Add/Edit Multiple List Entries window.
  4. To copy the data in a specific field to the remaining records, simply highlight the desired field and right-click then choose Copy Down. If data is in any of those remaining fields, it will be overwritten.
  5. To duplicate a row simply place your cursor in any row, right-click and choose Duplicate Row. The record is duplicated into the next row and is preceded with the word "DUP."
  6. Click Save Changes when you're done.

 

Here's an article that will help you learn in case you'll need to track where your company stands in terms of expenses and accounts payable: Customize your vendor reports.

 

I'm always around here if you need help with anything else. Take care!

Fiat Lux - ASIA
Level 15

Price List Update

@HollyNorth2021 

Another option, prepare your Item List data with the following template

Item NameItem TypeIs ActiveSales DescriptionPurchase DescriptionTax CodeAccount/Income AccountExpense/COGS AccountAsset AccountCostPreferred VendorPrice or %Reorder PointManuf Part NumberUnit of MeasureMax
Green WidgetInventory PartYWidget SalesWidget PurchaseTax   General SalesGeneral Cost of Goods SoldInventory Asset10ABC Vendor151012345 30
General ServicesServiceYServices SalesServices PurchaseNonSpecialized SalesSpecialized Expenses 8DEF Vendor9    
General PartsNon-inventory PartYPart SalesPart PurchasesTax   General SalesGeneral Cost of Goods Sold 7GHI Vendor8    
Misc ChargeOther ChargeYMisc IncomeMisc ChargesNonGeneral SalesGeneral Cost of Goods SoldGeneral Expenses12GHI Vendor15    

 

then utilize one of these importer tool

https://transactionpro.grsm.io/qbd

https://partners.saasant.com/affiliate/idevaffiliate.php?id=5051_2

 

katherinejoyceO
QuickBooks Team

Price List Update

Hi there, @HollyNorth2021.

 

Hope you’re doing great. I wanted to see how everything is going about updating your price list concerns you had yesterday. Was it resolved?

 

Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.

 

Looking forward to your reply. Have a pleasant day ahead!

HollyNorth2021
Level 1

Price List Update

Tks for asking. 

 

Unfortunately I updated some of SKUs one-by-one. The first reply I got here was telling me to  "Add/Edit Multiple List Entries" but where I can find this option ? Is it under File, Edit, View, List? Please Clarify. 

 

I was hoping to have a easiest way to export the actual price list as csv file, then using Vlook on excel I would adjust the new prices and then upload it on QB desketop. 

 

Please could you tell me any other way?

ReymondO
QuickBooks Team

Price List Update

Good day, @HollyNorth2021.

 

Let me join the thread and share with you further assistance in updating your price list. 

 

The Add/Edit Multiple List Entries that was mentioned above is under the List menu. You view this screenshot as your reference:

 

 

Then, you can now follow the steps that were shared by my colleague katherinejoyceO above. This way, you can export and edit your files. Then, import them again into QuickBooks. 

 

You might also wanna try the importer tool that was given by Fiat Lux - ASIA to ease your process.

 

If you use QuickBooks Desktop 2019 and later, here’s how to import your lists and transactions with the improved IIF tool.

 

To know more about IIF import and export limitations, you can check out this article: How to import and export Intuit Interchange Format (IIF) files to and from QuickBooks Desktop for Wi....

 

 

Let me know if you need further assistance with this. I'm always around to provide answers and clarifications to your questions. Have a great day ahead and take care.

DeMoss
Level 1

Price List Update

Where is this menu entry for Quickbooks Desktop 2019 located?

Angelyn_T
QuickBooks Team

Price List Update

It's been a while, and I appreciate you joining the thread, @DeMoss.

 

I'd be pleased to share details about your questions. However, I need to gather more information about the menu entry you mentioned. This way, I'll be able to provide you with an accurate response.

 

Are you referring to the QuickBooks menu or your IIF files?

 

Your reply is much appreciated. Just leave a comment below. Have a good one!

DeMoss
Level 1

Price List Update

Raymond mentioned above: The Add/Edit Multiple List Entries that was mentioned above is under the List menu.

 

I went to the List menu on Quickbooks 2019 for Mac and it was not there. I would like to know how to edit multiple product prices at a time.

Bryan_M
QuickBooks Team

Price List Update

I appreciate you for joining the thread, @DeMoss.

 

Currently, the option Add/Edit Multiple List Entries in QuickBooks Desktop (QBDT) 2019 for Mac is unavailable.

 

What we can do right now is to change the price of the products one at a time.

 

Here's how: 

 

  1. Choose Lists > Items
  2. Control-click the item name and choose Change Prices from the shortcut menu. 
  3. Select the type of item for which you want to change prices.
  4. Enter the new prices in the New Price column. 
  5.  Click OK.

 

For your reference, check out our guide on managing items in QuickBooks Desktop. This includes answers to frequently asked questions about handling items in QBDT.

 

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

Katie2328
Level 1

Price List Update

Me too:

I am trying to update the price list from a specific vendor with more than 1000 SKUs. 

I have different cost price, list price and % of price increasing. How I can export my price list, update on excel and then upload it again in QB?

 

i have exported the item list as an excel document. 
saved item and cost on sheet 2

saved item and price on sheet 3

Table named columns A and B COST on sheet 2 and PRICE on sheet 3

i am using the =iferror(vlookup to match list numbers and find new cost and price by item. But the formula is defaulting to the old price and cost.

i need help with formatting or my formula?

thank you

katie

DeMoss
Level 1

Price List Update

Thank you for the reply Bryan! Not what I was hoping to hear. We will update our pricing manually. Glad prices do not change very often

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