The auto-populated Unit Price (default rate) for an item in the purchase transactions (e.g. Purchase Order, Vendor Bill, Vendor Credit) is derived based on this hierarchy: 1. Purchase Price of the Vendor as set in the Item record (If Multiple Vendors feature is enabled in the account) 2. Purchase Price as set in the Purchasing/Inventory tab of the Item record 3. Last Purchase Price used in any purchase transaction type a. Based on Transaction Date, not Date… Continue reading How the rates are populating in item Purchase transactions