Stock · Guide 322 of 624

Standard valuation rate

A standard valuation rate in RockifyERP is a fixed cost for an item, used when there’s no purchase history, such as for opening stock or free samples.

How to do it in RockifyERP

  1. Open the item.
  2. Enter the Valuation Rate.
  3. Save. RockifyERP uses it when no other rate is available.

Tip: Update standard rates when supplier prices change significantly.

Related RockifyERP guides

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