Item Last Cost

Item Last Cost

CustomBooks™ uses the Item Last Cost on Purchase Orders when adding an item. The Item Last Cost is the amount that you last paid for this item on a Bill / Bill Payment recorded in CustomBooks™. For more about last costs, see this article.
    • Related Articles

    • Item Last Costs

      Item Last Cost The Last Cost is the most recent purchase price of an item. It is derived from the cost on the Bill received for a Purchase Order. Inventory adjustments, item receipts, and assembly builds also update an item's Last Cost. The Item Last ...
    • Choose Item Purchase Cost (extension)

      Introduction This extension allows users to choose between item expected cost (from the Item Detail Card) and item last cost 9cost the last time the item was purchased) when creating purchase orders. The Purchase Order draft is automatically updated ...
    • Item Last Costs

      Item Last Costs The item last costs page lists all inventory items with the last price you paid for them. Clicking on the line will navigate to the Purchase Order where this last purchase was made. Navigate to Inventory → Item Last Costs.
    • Item Receipts in CustomBooks™

      The Item Receipt document in CustomBooks™ is essential for recording the receipt of goods ordered using a Purchase Order. It captures details such as items, quantities, and the time of arrival, ensuring accurate inventory tracking. When created and ...
    • Inventory Details: Item Costs, Item Quantities and Location Information

      Inventory Details Overview Understanding inventory details, such as item costs, quantities, and location information, is essential for effective inventory management. Accurate insights into these details ensure proper stock control, cost tracking, ...