Topic: purchasing price based on standard cost
Hi All,
I see there's an option to populate sales price based on the standard cost and wondering is there a way to populate the purchase price the same way.
Re: purchasing price based on standard cost
Purchase price for an item differ depending on the supplier.
if you ever purchased the item from the supplier before, system will populate purchase price from that supplier.
or you can enter the supplier item price in the "Item and Inventory"->"Items"->"Purchasing Pricing".
unless you manually enter the standard cost, the standard cost is generated or re-calculated when you purchase the item.
It is more accurate using the supplier's item price.