Purchase Order from Sales Order lists cost price incorrectly

Legacy KB ID: 4423

Question

When I convert a Sales Order to a Purchase order, why does the cost field not show the Cost price as listed on the item record (in this cast 0.00), but the Sale Price listed on the item record?

I list the Cost Price as $0.00 because the cost price changes every time I purchase this item. 

 

******   This issue has been addressed in Reckon Accounts Business 2013   ******

Answer

A Purchase Order requires a cost price to be listed.  Where the Cost Price field is either blank or set at 0.00, QuickBooks will use the Sales Price. 

 

Workaround

Enter a very small Cost Price for items you would prefer to leave as 0.00 – say 0.001 or 0.0001, or 0.00001. 

The Purchase Order will now show this entry as its Cost Price.

When the Purchase Order is converted to a Bill, its total amount will be very small and will alert the user to adjust the entry.  Override the Rate amount with the actual Cost Price for this transaction. 

When prompted: “Do you want to update the item with the new cost?”, select NO.   You may if you wish tick the box “Do not display this message in the future” so as not to be offered this option again.   

 

******   This issue has been addressed in Reckon Accounts Business 2013   ******

How did we do?

Related Articles

Powered by HelpDocs (opens in a new tab)

Powered by HelpDocs (opens in a new tab)