When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

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Posted on by Mary K

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Keith.N on at

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Re: When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

Hi Mary,

Here is where you can check your Cost Update Method.

In Store Operations Manager navigate to:

File | Configuration | Inventory Tab

The choices are None, Last Cost, Weighted Average. You may want to try the Last Cost update method I mentioned above.
Mary K 285 on at

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Re: When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

Yes we have the supplier 'linked ' to the items but this still happens every week, The cost converts to the price on the PO/receiving page...?
Gerald Rothaus 2,930 on at

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Re: When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

Do you have the items & supplier linked up? That should do it.
Mary K 285 on at

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Re: When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

Yes, in the system the Price and cost are set up but when receiving in the PO the cost seem's to revert to the 'price' in the cost area. How do we set up a cost update method?
Keith.N on at

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Re: When receiving a PO the cost needs to be re-added every time..What can we do so the cost will remain in the sytem from PO to PO. We re-order candy every week and we are having to readjust the cost on every item each time.

Hi Mary,

Is there a cost and price already set for each of these items?

Do you have a cost update method enabled?

The Last Cost update method will replace the item costs with the cost from the last received PO.