We need help with the workflow on changing the cost price of a SKU. We have been manually updating “Last Cost” as the way we change the cost price of a SKU. Is this correct way to update the cost price of a SKU? If it is not the correct way to update the cost price of a SKU, what is the correct way to change the price?
Answer
Manually updating Last Cost: Should we?
Best answer by vkumar
Hi
On what document would you be using this last cost? As mentioned on above replies, it does get updated automatically based on transactions. Manually updating the last cost on SKU is fine. If you are using this for Vendor documents, you may explore using Vendor prices. Here is the documentation link:
Regards,
+19Hi
Also, if required, we can even update the LastCost manually at Stock ITems screen.
Naveen B - Acumatica MVP 🏆 | Independent Developer for Hire 🚀 ⏩ https://www.linkedin.com/in/boga-naveen-kumar-54079a66/
+3If your question is where to enter vendor prices (to be defaulted to purchase orders), it should be done in the Vendor Prices form rather than Last Cost
MarkV
Hi
On what document would you be using this last cost? As mentioned on above replies, it does get updated automatically based on transactions. Manually updating the last cost on SKU is fine. If you are using this for Vendor documents, you may explore using Vendor prices. Here is the documentation link:
Regards,
VijayKumarU
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