tM2006
17th October 2006, 15:35
hi i m new to LN, in the item purchase the price is not same with the item costing cost prices eventhough is the material item.

example in item purchase , item A is usd 5 and whenever converted back to home currency in item purchase is around MYR 15

but in the item costing it show MYR 45....

can anybody help me...

rkathait
17th October 2006, 21:09
Can you also attach the screen print of the Price Calculation Code that you are using. Is the first priority set to current purchase price? If not then set the first priority to cp and then run the cost price calculation again and check the results.

DStroud
22nd October 2006, 13:33
When you set up the Item-Costing Data you can define the Currency for the costing. Since the Purchase Price is in USD and the Standard Cost is in MYR 45 the system will us the currency conversion to convert the USD to MYR.