How the last net price gets updated in PO?

Hi All,
Wanted to know how the last price gets updated in the PO? So whenever one creates a PO after that for the same material, the system by itself suggest the previous PO price which was created for this material.
But its not happening this time? Can anyone tell me the reason for that?
Thanks,
Swati.

Dear Swathi ji,
Price will updated in PO two ways.
one way in through Info record and other way in contract
if you want update your price after creation PO do it one simple way see item details tab ->material data in that info update tab available.if you check this your po price automatically updated.
but one main reson is allways po price will pick first in contract then info record
hope this will helps you
Prem

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