Unit Price vs. Unit Cost

Hi, what is the Valuation method on your item? 

If Standard cost, the cost of the item is the cost shown on the Price/Cost tab of Stock Items and we can’t override on a transaction. 

If Average cost, the average cost is tracked by the system (costs at time of receipts are averaged) and we can’t override.

If LIFO, again controlled by the system.  At time of appointment creation, Acumatica doesn’t know how many of the item may ship before our appointment is completed.  Timing of all transactions may affect the cost of your item.

Specific method uses the Purchase Price (likely serialized or lot-numbered items). 

For more information, search Valuation Method in the help. HTH!

Hello,

The valuation method can be found on your Item:

From the help, an explanation of the Valuation Methods.  I’ve highlighted where the cost comes from.  We can’t just assign a cost in the appointment… the cost of the item from when it was purchased will be provided by Acumatica when the item is sold.

Hello,

Non-stock items are different - Non-stock items use standard cost as entered on the Price/Costs tab of inventory non-stock items screen. We have 3 choices :

1. Standard Cost: Enter Pending Cost for the item. Update Pending costs.
2. Select to have the system calculate using $ markup or % of sales price calculations.

When I use the above item on a Service Appointment, the cost correctly defaults from my non-stock item and I cannot change it.