Why don costs per storage unit and recipe unit change when I change a vendor price on the equivalent vendor product tab of the product master file?
These costs change only if the system is configured to cost using vendor quotes. To do this go to View…Master Files…Configuration and enter “3” as the price to use when costing inventories and recipes. Most users rely upon either the last purchase price or the average price paid during the current month. When changing this costing flag go to View…Miscellaneous…Utilities and select the option to recalculate inventory unit prices. Also recost recipes.
Related Questions
- Why don costs per storage unit and recipe unit change when I change a vendor price on the equivalent vendor product tab of the product master file?
- What are the specific costs associated with the product, i.e. a one-off purchase price, an annual renewable license, a charge per user etc?
- What is the procedure when a vendor cannot provide product at the bid price?
