Overview
This module allows you to update your product's cost as your last purchase price and changes the stock valuation based on that
Configuration
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After installing the module, Select the newly added costing method in product category. Provide 'Price Difference Account' too if you are following automated inventory valuation.
Features
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A New Costing Method Is Added To The List And Can Be Chosen From Product Category Form.
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Cost Price Of Products Will Be Updated With Their Last Purchase Price
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Takes Last Purchase Price In Stock Valuation Report
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Automatically Posting Price Difference Related Accounting Entries To The 'Price Difference Account' When We Use Automated Inventory Valuation
Screenshots
Purchase order created with new cost
Cost updated in product form
Journal Item generated by the price change