Last Cost Price Automatic Updating

SUGGESTED

When receiving deliveries, Sage automatically updates the product last cost price to that contained within the PO.  Is it possible to turn this feature off?

Parents
  • 0
    SUGGESTED

    Hi Both,

    Duplicate is just a direct copy of the order you wish you be duplicated, as Gazmoz mentioned, re-selecting the supplier will recalculate the prices for you.

    In answer to if you use Stock, non stock or price lists all will update the last cost price on the product record. The reason for this is that Sage 50 uses FIFO (First in, First Out). 

    This means every product transaction's cost price and sales price needs to be recorded in the activity, this allows for calculations on reports when it comes to average cost and sales price.

    I think we could probably introduce a tick box to avoid updating the last cost price on the details tab of the product record, so it's probably worth logging that as an idea using the link below:

    Sage 50 Accounts and Sage 50cloud Accounts Ideas - Sage 50 Accounts and Sage 50cloud Accounts UK - Sage City Community

    Kind Regards,

    Ian - Sage 50 Dev Team

Reply
  • 0
    SUGGESTED

    Hi Both,

    Duplicate is just a direct copy of the order you wish you be duplicated, as Gazmoz mentioned, re-selecting the supplier will recalculate the prices for you.

    In answer to if you use Stock, non stock or price lists all will update the last cost price on the product record. The reason for this is that Sage 50 uses FIFO (First in, First Out). 

    This means every product transaction's cost price and sales price needs to be recorded in the activity, this allows for calculations on reports when it comes to average cost and sales price.

    I think we could probably introduce a tick box to avoid updating the last cost price on the details tab of the product record, so it's probably worth logging that as an idea using the link below:

    Sage 50 Accounts and Sage 50cloud Accounts Ideas - Sage 50 Accounts and Sage 50cloud Accounts UK - Sage City Community

    Kind Regards,

    Ian - Sage 50 Dev Team

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