When an Inventory item is placed on a Purchase Transaction its cost is determined by either:
- The current Vendor's Cost for the item if it is available in the item's Vendor Information.
- The Average Cost from the item's Inventory database record if the Vendor's Cost is not included in the item's Vendor Information for the current Vendor.
The value in the Cost column of each item on a Purchase Transaction may be edited by navigating to that field and entering a value. A value may be manually entered or selected from the Inventory item's database record by pressing [Ins] from the Cost column to display a list of available options including:
- Select a value, or press the [Ins] key again to display the Price Calculator loaded with the current value. To go directly to the Price Calculator, press [F3] from the Item Entry screen Cost column.
Keystroke automatically saves the Cost of each item on a Purchase Transaction in the Inventory item database record Vendor Information Vendor Cost field for the current Vendor.
The Cost of each item on a Purchase Transaction is also used to update the Inventory item database record Last Cost, Average Cost, and Base Price fields according to the Purchase Update Parameters settings.
Purchase Manager - Line Items - Entering
Purchase Manager - Creating Purchase Orders
Purchase Manager Contents