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Why Small Businesses Struggle With Pricing in QuickBooks Online

  • goldsmithconsultingllc
  • Jan 17
  • 2 min read

QuickBooks Online is excellent for accounting — but it’s not built for inventory-based businesses managing hundreds or thousands of SKUs.

If your business has:

  • large product catalogs

  • frequent supplier cost changes

  • multiple pricing tiers

pricing inside QuickBooks quickly becomes inefficient and error-prone.

The core problem is simple:

QuickBooks Online only allows pricing updates one item at a time.

1. Manual SKU Updates Don’t Scale

Updating pricing works fine with 10–20 products.

But once you reach 200+ SKUs, every price change becomes a project.

Example:

  • 500 SKUs

  • ~20–25 seconds per item

  • 3–4 hours per update cycle

If pricing changes monthly or weekly, those hours add up fast — and that’s before mistakes occur.

This is why many businesses search for:

  • how to bulk update prices in QuickBooks Online

  • QuickBooks bulk price updater

2. Manual Updates Create Pricing Errors

Item-by-item updates increase risk:

  • mistyped prices

  • incorrect costs

  • inconsistent margins

  • missed customer-specific pricing

Over time, this leads to:

  • underpriced products

  • inaccurate margin reports

  • silent profit loss

Most businesses don’t realize pricing is broken until margins tighten.

3. Spreadsheets Don’t Fix the Problem

Spreadsheets seem helpful — but they:

  • go out of date

  • don’t sync automatically

  • require manual imports

  • often overwrite data incorrectly

For businesses with fast-moving inventory costs, spreadsheets simply can’t keep up.

Real Options for Bulk Pricing in QuickBooks Online

Option 1: QuickBooks tools

Works only for very small SKU lists (under ~50 items).

Option 2: Manual help

Time-consuming, error-prone, and expensive as inventory grows.

Option 3: Automated pricing software

The most efficient solution for 200–10,000 SKUs.

This is where The Pricing Assistant fits.

How The Pricing Assistant Helps

👉 Internal link: /products

👉 Internal link: /demo

The Pricing Assistant is built specifically for QuickBooks Online inventory-based businesses.

It allows you to:

  • update thousands of SKUs

  • apply markup or margin rules in bulk

  • flag low-margin and negative-margin items

  • maintain consistent pricing across categories

  • sync updates directly back to QuickBooks

Example: A wholesaler with 820 SKUs updates all pricing in 16 minutes, not hours.

Protect Margins Before Profit Leaks

The Pricing Assistant automatically identifies:

  • low-margin items

  • missing costs

  • pricing below target markup

  • inconsistencies across SKUs

So pricing errors are caught before they hit your books.

Who Benefits Most

  • wholesalers with frequent vendor cost changes

  • retailers with large SKU catalogs

  • manufacturers managing material fluctuations

  • hybrid service businesses with parts and labor pricing

Why This Matters

Manual pricing doesn’t fail loudly.

It fails quietly — one SKU at a time.

Margins don’t collapse. They leak.

Ready to Stop Updating Prices One by One?

If your business manages hundreds or thousands of SKUs, QuickBooks wasn’t designed for your pricing workflow.

👉 Explore the software: /products👉 Book a live demo: /demo

 
 
 

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