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Update Item Cost Price

This function allows you to update the Cost Prices of Stocked Items in the Item register. The new cost prices are taken from the Goods Receipt register.

Item
Paste Special    Item register
Enter an Item Number, or leave blank to update all Stocked Items.

Item Group
Paste Special    Item Groups setting, Sales Ledger
Limit the updating to Stocked Items of a single Item Group.

Update Using
Use these alternatives to determine how the new cost prices are to be calculated.
Type from Item Record
The function will use the Update Cost Price at Goods Receipt option specified on the 'Costs' card of each Item.

Weighted FIFO
A weighted FIFO method will be used for all Items.
Update Weighted Average Field
Use this option to recalculate the Weighted Average of each Item.

Only Items with Balance
Use this option to limit the updating to Items with positive stock balances.