Unit Cost Field

The Item Table

This field contains the cost per unit of this item.

The program fills in the unit cost field according to what you selected in the Costing Method field:

Unit Cost = Inventory Value of items on hand (expected cost + invoiced cost) / Quantity on Hand

The Unit Cost field is also updated according to the costing method of the item:

With the costing methods other than Standard, the program will also update this field during the posting of purchase invoices if one of the following conditions is true:

If one of these conditions is true, the program will update the field with the value in the Last Direct Cost field for the item.