The Update Average Cost Update Parameter updates the Inventory database record Average Cost field when items are received.
If Update Average Cost is enabled, the Cost from the Purchase Invoice line item is used to update the item's Inventory database record Average Cost field.
If Update Average Cost is disabled, the Average Cost field is not updated.
Note: If Update Average Cost is disabled AND Reset Average Cost is enabled, Average Cost is reset to Last Cost.
To set this parameter:
- Select Parameters from the Purchase Manager Transaction Menu.
- Select Update.
- Select Update Average Cost on the Update Parameters screen.
- Use the mouse or the [Space Bar] to turn the parameter ON or OFF.
- Select [OK] or press [F10] to save.
See:
Purchase Manager - Parameters - Update
Purchase Manager - Parameters
Purchase Manager Contents