How do i change the purchase price to the same item in inventory

Thank you for reaching out to the Community, @Robin11_2. I'd be happy to help you with changing the purchase price of an item in your inventory and tracking it on individual sales.

Here's how:

1. Find the bill, check, or expense related to that item.
2. Edit the rate
3. Save and close
   
   

Pull up Inventory Valuation Detail then edit the rate on the purchased item. Please make sure that the expense is edited by seeing the date of the transaction. 

Here's how to Pull up Inventory Valuation Detail Report:

1. Go to Reports.
2. On the search bar type Inventory Valuation Detail Report
3. Select the report to open it.

There you can find the transaction. If you want to learn how to run basic reports and give you a snapshot of your business you can view the article in QuickBooks.

Additionally, here are some articles that you can read to help you learn how to adjust inventory quantity and also if you want to track your inventory in QuickBooks Online:

• Adjust inventory quantity on hand in QuickBooks Online.
• Set up and track your inventory in QuickBooks Online.

If you have any more questions or encounter any other issues concerning your purchase price of the same item in inventory, don't hesitate to reach out to us here in the Community. Keep Safe!