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Liftco
Level 3

Updating cost / sell price on inventory items.

2 part question:

 

1) When I update costs for inventory items do the new prices only affect future sales or does it change past pricing as well?  Reason for question is that the accountant seems to think that changing these costs affect prior financials?

 

2) When entering a bill and item cost will change do I click yes or no (see attached)

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