Annual Price Lists

Annual Price Lists

Hi,

I am trying to determine the best way to manage annual price increases.  We have a standard list of products (items), am I best to set up a new item for each year

i.e License A for 2022
License A for 2023
License A for 2024 and so on 

or am I best to set-up just 1 Item "License A" with a starting price of say $200 then add it to a new Price List for 2023 and increase the item to say $220 and then add it to another new Price List for 2024 and increase the item to say $240

I'm not sure of the most robust way to do this for year on year increases and maintaining prices.

Thanks,
Dianna.
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