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author's profile photo Former Member
Former Member

Last Purchase Price Reduced

Hello,

For some of the items, we see that the last purchase price is not the actual price on Ap invoice?

What can be the reason? We are testing on 8.82 Pl 05

Rgds,

RR

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 25, 2012 at 07:56 AM

    Valuation method is moving average and we are also creating landed cost.

    But creation of landed cost should increase the value where as in this case, last purchase price is reduced. What can be the reason.

    Rgds,

    RR

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    • Former Member Kennedy T

      Hi Kennedy,

      Thanks for your feedback, it helps.

      Also, found the reason why the last purchase price was getting reduced.

      It was due to the fact that the itemes were part of an ap invoice for which the whse was dropship. And i also think that last purchase price is for information purpose only and we can use the last price report under inventory to see the last purchase price.

      we have a separate price list for purchase so i don't think there is any issue in this..

      Let me know if you think otherwise.

      Rgds,

      RR

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