Purchase Price Levels

When you enter an item in the Item Master Revisions program, you must enter the purchase price level. The purchase price level determines how you define the base price for an item. The base price is the unit cost on a purchase order. This table shows at which levels you can define the purchase price:

Purchase Price Level	Description
Supplier/Item	Define one overall price for an item from a supplier. The system retrieves the supplier cost from the F41061 table.
Supplier/Item/Branch	Set up different prices for each supplier, item, and branch combination. The system retrieves the supplier cost from the F41061 table.
Inventory Cost	Set up the cost based on the inventory cost level and the purchase cost method you specify for the item. The system retrieves the inventory cost from the F4105 table. If you do not set up prices for suppliers, the system uses the inventory cost as the default for the purchase order.

See Entering Sales Price Information.