The system automatically takes the new cost of the item and applies it as the cost both to the item amounts being received and to inventory presently in stock. Prices are then calculated off the newly adjusted costs.

 

The new cost of the item will become the current real cost of the item, regardless of the cost of any remaining inventory.

 

If there are any items that have a changed cost, the Automatic Cost/Price Update Options dialog will be displayed when this method is chosen.

 

Prices are also adjusted using the adjusted costs.