Item Actual Purchase Prices (tdipu1500m100)

Use this session to view actual purchase prices by item.

Note

Together with the average purchase price, the average landed cost price is used to determine an item's cost price.

 

Item

In LN, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on.

An item can also represent a set of items handled as one kit, or exist in multiple product variants.

You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
Last Purchase Price Transaction Date

The most recent date on which the item's purchase price was changed.

Average Purchase Price

The average purchase price, which is based on cumulative purchases or on the current inventory, as specified in the Method of Calculating Average Purchase Price field of the Purchase Order Parameters (tdpur0100m400) session.

Purchase Currency

The monetary unit in which the purchase price is expressed.

Note

When the purchase currency is changed, prices are automatically recalculated.

Latest Purchase Price

The purchase price that is displayed on the most recent invoice received for the concerned purchased item.

Cumulative Purchase Receipts

The quantity of cumulative receipts based on which the average purchase price is calculated.

Note

You can reset the cumulative purchase receipts in the Equate Balance of Receipts with Inventory Level (tdipu0201m000) session.

Purchase Price Unit

The item unit in which an item's purchase price is expressed. This unit can differ from the item's inventory unit.

Note

When the purchase price unit is changed, prices are automatically recalculated.

Latest Landed Cost Price Transaction Date

The most recent date on which the item's landed cost price was changed.

Average Landed Cost Price

An item's average landed cost price. The average landed cost price is based on cumulative purchases or on the current inventory, as specified in the Method of Calculating Average Landed Cost Price field of the Landed Costs Parameters (tclct0100m000) session.

Latest Landed Cost Price

An item's latest landed cost price.

Cumulative Purchase Receipts

The quantity of cumulative receipts based on which the average landed cost price is calculated.

Note

You can reset the cumulative purchase receipts in the Equate Balance of Receipts with Inventory Level (tdipu0201m000) session.

 

Item Actual Landed Cost Prices