In the item record, we can add the body level purchase price.
We can also add multiple vendor prices for an item.
To enter vendor prices for an item, open the item record. On the Purchasing/Inventory subtab, select the vendor, and in the Purchase Prices field,
Click the Set icon.
Enter prices in each of the vendor’s transaction currencies. You must enter the currency of the vendor when adding the purchase price.
When creating the purchase order the purchase price is auto-populated by the system based on some conditions.
If the PO vendor is added in the vendors’ tab of the item record this rate will be populated in the purchase order record, given that the purchase order currency is defined for that vendor in the item record.
If the vendor is not added to the item record, then the body level purchase price will be auto-populated given that the item record currency(Base currency of the item subsidiary) is the same that as of PO currency. In this case, if the currency is different and no vendor is specified then Netsuite will convert the body level purchase price from item record currency to the PO currency based on the transaction date.