When i confirm the receipt the error message occur:
"Cost price structure not present for Item XXXXX on 2008-12-31"
Please help me resolve this.

Hi,

I think you have not maintained Item Cost data, so maintain it and calculate cost price.

Thanks
Umesh Mittal
ukmital2004@gmail.com

And one thing do not forget to set the date before transaction date above.

OK thanks alot, Issue is solved.