We just set up our business and we purchased products from suppliers and sell to customers.

We created the products (inventory item), issued a Purchase Order to supplier, Copied the PO to Bill, and arranged Payment.

However, only the qty is updated in the product master, but not the product cost (purchase value). 

Please advise if any additional steps to be done to update the product cost.  Many thanks in advance 

Best regards,

Jacky C