Creating a Cost List lets you define cost prices for a group of items at an effective date, providing a more accurate and timely inventory value.
Items can be added to the Cost List based on their item class or by vendor.
- In Head Office, go to Maintenance > Cost Lists.
The Cost Lists page appears. Click Create. Alternatively, click New from the Cost List maintenance form.
- Enter your Cost List Name, Effective From date and Cost List grid information.
- Click Save.
Note: It is possible to populate the Cost List grid based on item class or vendor by clicking Add by Item Class or Add by Vendor.