# Average Cost Prices

The Average Cost Prices screen shows you the average opening, consumed and closing prices for each product. The consumed and closing prices are calculated when the stock and summary reports are run. The calculations take into account the prices assigned to individual deliveries/credits/transfers. If you are using Average Pricing (See Reports ) this screen is quite useful to see what StockManager has calculated as the average prices. You have the option to change the standard cost price. You can also change the Average Opening Cost although you will be warned about it as this will change both the results of the stocktake and the GP of the relevant product.

The Reset Open Prices button will retrieve the closing prices from the last audit and put them into the opening prices for this audit.

You can use this to reinstate the opening prices if you modified them incorrectly or if you had to go back and change a previous audit.

The Reset Standard Prices button will retrieve the standard prices from the last audit and put them into the standard prices for this audit.

The Copy Standard to Opening button will copy the standard cost prices into the opening cost column. This is typically used on the second stocktake of an outlet, if not all cost prices were available on the first visit.

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