Cost Section

The Cost section is displayed when the item setup form is opened at the account level.

In the Cost section, you can perform the following operations:

• View the item's data for each station.
• Set up the item's negotiated cost.

Viewing the Item's Data for Each Station

In the Cost section, you can view the following item's data for each station of your account:

• Station Name
• Last Invoice Cost Per Unit: The Cost per Unit value which is taken from the last invoice.
• Last Invoice Cost Per Case: The Cost per Case value which is taken from the last invoice.

Please note that if the FIFO method is activated for your account, then the credit or return invoice cost is not applied to the item and not displayed in the Last Invoice Cost Per Unit and Last Invoice Cost Per Case fields. For more information, see Using FIFO in CStoreOffice®.

• Last Invoice Date
• Purchased From
• Negotiated Unit Cost
• Negotiated With
• Promotion Unit Cost For the Period

  

Setting Up the Item's Negotiated Cost

Before setting up the item's negotiated cost, make sure the following conditions are met:

• The Allow to edit Item's Vendor Information and Set Negotiated Cost permissions are granted to your user. Without these permission the user is not able to set up the item's negotiated cost. For more information on how to grant a permission to the user, see Roles Management Permissions.
• The Use Negotiated Cost in Invoices option is selected for the item's vendor. For details, see Setting Up Merchandise Vendors.

To set up the item's negotiated cost:

1. From the main CStoreOffice® menu, go to Price Book > Items.
2. In the Items list, select the item for which you need to set up the cost agreed with a vendor.
3. At the top of the Items list, click the View button.
   Result: The item setup form opens at the account level.
4. In the item setup form, go to the Cost section and click it, to expand its data.
5. At the bottom of the Cost section, click the Negot'd Cost button.

   
   Result: The Vendors Cost Wizard opens.

6. Vendor Cost Wizard: Step 1. Select Vendor:
1. Select the item's vendor.
2. Click Next.

   

7. Vendor Cost Wizard: Step 2. Get Item Cost:
1. Select the cost value type you are going to change:

• unit cost value
• case cost value

2. Enter a new cost value agreed with a vendor.
3. Click Next.

   

8. Vendor Cost Wizard: Step 3. Select Stations:
1. Select stations at which the new cost values must be applied.
2. Click Next.

   

9. Vendor Cost Wizard: Step 4. Date To Apply New Cost:
1. Specify the beginning date. The current date is specified by default.
2. Specify the ending date. If the ending date is unknown, select Indefinitely.
3. Click Next.

   

10. Vendor Cost Wizard: Step 5. Apply New Cost:
1. Review the configured settings.
2. click Next to apply them.