Skip to Content
0
Former Member
Jan 12, 2008 at 03:31 PM

Price per unit

461 Views

Hi

In the accounting tab of material master, I couldn't understand the option Price per units, can someone explain, with example for the explanation below:

Price unit: The quantity used in ordering and price control. Prices are started as X amount per price unit. This is multiple of base unit of measure. This value will be 1 for all materials except those costing less than $0.01. The pirce unit for these will be 100, with the price adjusted accordingly (times 100).

Does it mean that say if the price unit is 10 and std price or the Moving average price is $40 then, price unit is $40 for 10 units which is $4/unit

Thanks,

Nivi