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Hi stobonet, thanks for posting on the Community
In QuickBooks Online UK, you'll see the option to 'Update price in recurring templates, too' after editing the product/service price (Sales > Products and Services > Edit > Enter the new sales price/rate).
If you don't see this option, this may mean that you're trying to edit a P/S that isn't included on an active recurring template.
You can also check for any browser issues that may be impacting the display by opening QuickBooks in a different browser or incognito window. Hope this helps :)