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You need to be using permission groups to access this feature.

We've introduced the ability to update your quote line items based on your latest inventory pricing.

This will save you time if you use quote templates but your inventory pricing is frequently updated, or if you've been working on a quote for a while but your inventory pricing has changed since the quote was first built.

Update Inventory Pricing on Quotes

This function is available on both simple and detailed quotes.

Regards,
Team AroFlo

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