FrontAccounting forum — Purchase price variance

Re: Purchase price variance

null@example.com (andrewyang) — Sat, 21 Nov 2020 11:56:14 +0000

I am getting the same variance. Can anyone help us?

Re: Purchase price variance

null@example.com (paul) — Tue, 10 Mar 2020 19:20:08 +0000

What is the comparison of the cost of the items in inventory and the actual purchase price. I wonder if the actual purchase price is less that what the system has and so creates this variance after receiving the item.

Paul

Purchase price variance

null@example.com (shpplfanda) — Mon, 28 Oct 2019 09:57:59 +0000

I am getting purchase price variance for every entry and that purchase price variance is showing as negative in cost of goods sold which resulted to wrong profit in p&l.