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1. Open Item screen > Pricing tab.
   
2. A new line will be available to allow you to add a new pricing information.
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4. Item Locations added in the Item > Setup tab > Location tab will automatically be shown on this tab.
5. You will have to enter the following information for each location added.Pricing is setup per location. Select a location in the Location field. 
   1. Enter Last Cost. This field is updated with a new cost when you purchased this item with another cost.
   2. Enter Standard Cost. 
   3. Leave Average Cost. This is automatically computed when you purchase the item.
6. Enter EOM (End of Month) Cost. 
7. 1. Select a Pricing Method.
    
   1. To guide you on how each pricing method computes for the Price, see How Price is computed based on different Pricing Methods.
   2. Depending on the pricing method selected, fill in amount or rate
   on
   1. in the Amount/Percent field.
   2. The Retail Price will automatically be computed based on Standard Cost, Pricing Method and Amount/Percent selected.
    
   1. This price is used by default for Sales transaction > Price field.
   2. Enter the MSRP (Manufacturer Suggested Retail Price).
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8. Save the record. You can click the Save toolbar button to save itclick Save or use the shortcut key Ctrl+S. In case you miss to click this button save it and you click the Close toolbar button or Close or the x button at the top right corner of the screenscreen or use the shortcut key Alt+X or Esc , i21 will prompt you if you would like to save it before closing the screen.

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