Percentage (Last)

When you complete a purchase order (change the line status to "complete") for the selected item from this vendor, the last plan cost percentage is set to the PO line item's planned unit cost. It is equal to:

LC / LPC * 100.0 = LCP

• LCP = Last Cost per Plan Percentage
• LC = Last Cost (Item Cost field on PO line)
• LPC = Last Plan Cost (Plan Cost field on PO line)

This field shows the actual cost to planned cost ratio. This provides a way to rate vendor efficiency.