how to turn off last purchase price defaulting as Item Price

AI generated answer (using internal Slack threads):

To stop the item rate on a purchase order from defaulting to the item's selling price if there is no purchase price set for the selected vendor, you can't directly turn off the defaulting of the last purchase price as the item price in NetSuite. However, you can work around this by setting the price level to 'Custom' for the item. This will prevent NetSuite from automatically pulling the last purchase price. Here are the steps to do this: 1. Navigate to the item record. 2. Go to the 'Sales/Pricing' tab. 3. In the 'Price' subtab, set the 'Price Level' to 'Custom'. 4. Save the changes. Please note that this will only affect new transactions. Existing transactions will not be updated with this change. Also, it's important to note that if you leave the Base Price empty, NetSuite should pull from Supplier Price > Purchase Price > Last Purchase Price > Base Price. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******