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Mass/bulk price update tool

By popular request from a lot of our clients, we have created a tool to mass update all of your pricing all at once by a percentage amount.

This was mainly wanted for our customers to handle the NZ GST rise several years ago.    When people were increasing their prices by 2.5% it required a price increase of 2.222% (FYI its not 2.5%, its 1.15/1.125 = 1.0222222)

Of course you have other, possibly better, options available than simply mass-updating your pricing by 2.222% - you might prefer to absorb this cost on some products, take the opportunity to increase unprofitable products by a higher amount, and you might not want all your prices to be changed to strange numbers (eg instead of 39.95 the price will become 40.83). 

However if you are in a very low-margin business where "pretty looking" prices aren't important, this is the quickest way to update all your prices:
  1. Navigate to the item list, which is under Items > Item List
  2. At the bottom of the list, click the "Update all prices" button:
    update_prices_button.png
  3. You will be presented with a page asking how much to increase your prices by : For the NZ GST rise of 12.5% -> 15%, that number was "2.222".  You can of course increase by any percentage you like
    update_prices_page.png
  4. When you click the "Update my prices" button (after carefully reading all the warnings on this page!) you will see a progress bar:

    Do not close your browser until the process is complete!!

    update_prices_progress_bar.png