Fastbase

If you want to change the cost price of a stock item in FastBase you need to review the following notes first, the way you change the cost will have different consequences.

If the stock has already been receipted into the computer (see New Goods Receipt) you should first try the Maintain Goods Receipt option. If the goods receipt has already been closed/invoiced then this is no longer an option.

You can manually adjust the cost of any item in stock by entering a Stock Adjustment transaction. Simply enter a negative stock adjustment for the current quantity on hand. FastBase will take this out of stock at the current cost. Enter a second stock adjustment line for the same item but with a positive quantity and enter the new cost price.

As Stock Adjustments affect the General Ledger please consult your accountant prior to entry.

If you want to writedown (or up) the cost of an item (or multiple items) see the Stock Writedowns option.

If you simply want to change the cost price that is recorded on the stock item (ie: the supplier list price or buy price) then see Part Purchasing Details for details.