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.