How to set up purchase price for supplier?
How to set up purchase price for supplier?
CASE1: LAST PURCHASE PRICE
In every product, a purchase pricing information is helpful for comparing prices. By preview in ‘inventory , product & service maintenance’. Two prices involved ‘purchase’ & ‘last purchase’.
To set up, when select a Def Supplier[sample is ‘Applegate’], price type ‘last purchase price’, currency ‘SGD’, purchase price [50.00] show automatically based on the last purchase transaction made. In this sample, the last purchase is SP23.
Case 2: PURCHASE PRICE
In inventory, product & service maintenance,when key in manually the purchase price [example 100.00].
As you add purchase transaction, the ‘purchase price’ [as assigned price:100.00] will auto-show –
Case 3: PURCHASE PRICE
However, if you have another ‘purchase price’ [60.00] than the assigned purchase price of 100.00, the system can allow you to key in.
And will update ‘last purchase price’ in the inventory, product & service maintenance, consequently.