Update Purchase Items
When you receive Items into stock (i.e. when you approve and save Goods Receipts), you can have the Cost Prices in the Item records updated automatically. This automatic updating is not extended to
Purchase Items. To update the Price of Purchase Items in a single step, use this function. You can also use it to update the Description of the Purchase Item: useful if you have several Purchase Items for a single Item.
- Item
- Paste Special
Item register
- Range Reporting Alpha
- Leave this field blank to update all Purchase Items. Enter an Item Number to update the Purchase Items relating to a specific Item.
- Supplier
- Paste Special
Suppliers in Contact register
- Enter a Supplier Number to update the Purchase Items with a specific Supplier.
- Update Name
- Check this box to update the Purchase Item Description. The new Description will be taken from the Item and will be applied to all related Purchase Items.
- Update Price
- Check this box to update Purchase Item Prices with new Cost Prices from the Item register. Cost Prices of Items can be updated automatically from the most recent Goods Receipts. Note that the new Cost Price will be applied to all the Purchase Items relating to the Item, regardless of whether the Default check box is switched on and irrespective of the Supplier from whom the Items were last purchased.
- In the case of a Purchase Item whose Price is in a different Currency to that of the Cost Price of the Item, the updating process includes a Currency conversion calculation using the appropriate Exchange Rate.
Press [Run] to start the updating process.
