The future cost information area is where the cost adjustment amounts are specified for the item.
1. | Enter the new real cost of the item in the Future Real Cost field and press the Tab key. |
2. | Optionally enter the new market cost of the item in the Future Market Cost field and press the Tab key. |
3. | Optionally enter the new base cost of the item in the Future Base Cost field and press the Tab key. |
•The future base cost field will be disabled if there is a cost markup defined for the item in the inventory file. Under these circumstances entrée will automatically calculate the future base cost of the item using the formula Future Real Cost + Freight + Cost Markup
4. | Enter the date the new costs and/or prices should become active in the Effective Date field. |
5. | Optionally enter the new retail price of the item in the Future Retail Price field. |
Future cost/price entries do not automatically become active on the effective date. They must be manually moved to the current inventory file by using the Update Future Prices utility.