After your Initial Setup you will further define your new ITEM in Counterpoint. In this video we cover the Main Tab. On this tab you will enter your Retail price for your ITEM along with your Last Cost of this ITEM. Last Cost is the amount that you last paid for this ITEM. Once an ITEM is saved in Counterpoint you will update the Last Cost field by Receiving this ITEM. When you first setup a new ITEM you have the option to enter the Last Cost.
The Main tab also included fields to enter your Primary Vendor, Vendor Item #, Category and Sub-Category.
Defining New Items – Main Tab from on Vimeo.