purchase price list
When i am doing a goods receipt of an item , it is not updating the last purchase price list.
Former Member replied
This question is similar to one from Freddy,
The main reason why the Last Purchase Price gets updated only after the A/P Invoice is because, there is a possibility that the price on the A/P Invoice can be different than the GRPO.
The AP Invoice price is the final price which is based on the Vendor's Invoice. In general business practise the GRPO price is the same as price on PO which is considered as the promised price by the Vendor
Please test this by creating the GRPO for an Item and then change the price on the A/P Invoice and see the Journal entry and the Last Purchase Price