The price per unit the supplier quoted for this item.
The supplier item unit of measure may be different from the unit of measure in which you store this item. For example, you may hold inventory in the unit of measure EA (each), but purchase it by the CS (case). In this situation, you would normally store your supplier price quotations in terms of CS. The quote price, lead time, and quantity all apply to this unit of measure.
When a PO is entered, the quote price is accessed only if the unit of measure and currency on the PO match the quote unit of measure and currency, and if the PO quantity is at least the quantity quoted.
When a PO is entered referencing this supplier item, optionally you can update the supplier-item data to reflect the new price if it has changed. Both the quote price and quote date are updated. The quote quantity does not change. You can choose to prevent this update, for example if the price is much higher than normal because of a rush delivery requirement.
The price per unit the supplier quoted for this item.
The supplier item unit of measure may be different from the unit of measure in which you store this item. For example, you may hold inventory in the unit of measure EA (each), but purchase it by the CS (case). In this situation, you would normally store your supplier price quotations in terms of CS. The quote price, lead time, and quantity all apply to this unit of measure.
When a PO is entered, the quote price is accessed only if the unit of measure and currency on the PO match the quote unit of measure and currency, and if the PO quantity is at least the quantity quoted.
When a PO is entered referencing this supplier item, optionally you can update the supplier-item data to reflect the new price if it has changed. Both the quote price and quote date are updated. The quote quantity does not change. You can choose to prevent this update, for example if the price is much higher than normal because of a rush delivery requirement.
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