Using Standard Cost or Last Purchase Price when entering item purchases


An MYOB AccountEdge preference -- Use Standard Cost as the Default Price on Purchase Orders and Bills -- allows you to have the Standard Cost of an item automatically entered when you're creating a purchase.

If you'd like one "default" price to be entered on purchases for the item, rather than the last purchase price, which can vary, select the preference. The preference can be found by choosing Setup > Preferences window - Inventory view.