AccountMate 10 for SQL and Express (and higher versions)



Article #1176

Depending on the industry, vendors may keep their pricing at the same amount within a certain period. When you order an item that you recently purchased from the same vendor, the price may not have changed since the last time you received the inventory. To expedite data entry when you create purchase orders, AccountMate allows you to use the last received cost of an item as the default vendor price, provided that the Last Received Cost feature is activated in the vendor record.

Article #1176: Using the Vendor Last Received Cost as the Default Purchase Cost discusses the procedures for activating the Last Received Cost feature and the timing when AccountMate updates the last received cost and the last received date in the inventory item record. It also discusses how the last received cost affects default vendor prices.