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Can I add inventory with different purchase prices? For example, we purchased 100 ton of a chemical at $40 a ton, then later purchased more for a higher price.

How do I reflect this when adding inventory? I use qb online. My husband said he used to be able to show rate changes using qb desktop.
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Best answer 4 weeks ago

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QuickBooks Team

Can I add inventory with different purchase prices? For example, we purchased 100 ton of a chemical at $40 a ton, then later purchased more for a higher price.

Yes, you can add inventory items with different purchase prices, schaafag6-gmail-.

 

To do so, you need to use the Reorder feature to reflect the new amount of your purchases. Let me show you how:

 

  1. Go to Sales then Products and Services.
  2. At the top, you’ll quickly see if you have low stock or out of stock items.
  3. Select Low stock or Out of stock to see those items.
  4. Click the triangle icon under Action, then choose Reorder.
    reorderitem.PNG
  5. This creates a purchase order for a single vendor.
  6. Complete all the details of the purchase order, including the new price.
  7. Click Save and close or Save and send.

To check what's still on order, feel free to visit this page: Reorder inventory or supplies from vendors.

 

I'm also adding this link for your future reference: Add inventory products in QuickBooks Online.

 

Let me know if you need anything else about adding inventory items. Just tag my name and I'll get back to you.

View solution in original post

1 Comment
Highlighted
QuickBooks Team

Can I add inventory with different purchase prices? For example, we purchased 100 ton of a chemical at $40 a ton, then later purchased more for a higher price.

Yes, you can add inventory items with different purchase prices, schaafag6-gmail-.

 

To do so, you need to use the Reorder feature to reflect the new amount of your purchases. Let me show you how:

 

  1. Go to Sales then Products and Services.
  2. At the top, you’ll quickly see if you have low stock or out of stock items.
  3. Select Low stock or Out of stock to see those items.
  4. Click the triangle icon under Action, then choose Reorder.
    reorderitem.PNG
  5. This creates a purchase order for a single vendor.
  6. Complete all the details of the purchase order, including the new price.
  7. Click Save and close or Save and send.

To check what's still on order, feel free to visit this page: Reorder inventory or supplies from vendors.

 

I'm also adding this link for your future reference: Add inventory products in QuickBooks Online.

 

Let me know if you need anything else about adding inventory items. Just tag my name and I'll get back to you.

View solution in original post

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