My Odoo instance is setup and I understand everything else but here's the problem
1) I have set up Purchase Price and Sales Price list correctly and they work if I manually define the Cost Price and Supplier Cost Price in each product.
2) I've defined FIFO, Account Stock Properties and Account Properties under the product category all / saleable. Defined as:
Income Account – “110000 Sales of Goods”
Expense Account – “230100 Goods in Transit”
Stock Input Account – “230200 Stock”
Stock Output Account – “510100 Cost of Goods Sold”
Stock Valuation Account – “230200 Stock”
3) Based the product on Stockable and Real Price...
I believe I've set everything up correctly, but I cannot get Odoo to automatically update the Cost Price with the incoming Purchase Order. PLEASE HELP! This is driving me crazy... I've figured everything else out and this is stumping me.