Cost Price is an important element to margin reporting. For QuickBooks Commerce customers, you can choose which Cost Price to import as your default.
Choose from the following Cost Price options:
Buy Price
Last Cost Price
Moving Average Cost Price
Prerequisites
Your CRM needs to be integrated with QuickBooks Commerce
You'll need CRM Admin rights to follow the steps in this article
You'll need to be in the Standard User Dictionary to be able see Cost Prices within the CRM - learn more here.
Step 1: Open System Settings
Head to the System Settings within the Settings Centre.
Step 2: Search for Cost Price
Click on the search icon and search for 'cost price'.
Step 3: Choose your Default Cost Price
Choose from the drop-down list which cost price you wish to be imported.