Difference Between last purchase price and calculated price

Hi,
I am new to SAP B1. I was wondering what the difference is between last purchase price and last calculated price ??
Thanks
Gary

Hi Gary...........
Welcome To SAP Business One Forum..........
Last Purchase Price is the price of Most Latest Purchase of that particular Price......
And Last Evaluated means Last Calculated Price is the
You can also perform the valuation based on the last evaluated prices. In this case, SAP Business One uses the last calculated costs for each item. If you run a valuation under the FIFO method, for example, and then run a valuation for the last calculated costs, SAP Business One valuates the items using the last value that was determined for an item under the FIFO method.
Regards,
Rahul

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