The value pulled up by this field depends on two scenarios found below:
a. When a Vendor has been entered with a Purchase Price in the Item Record > Purchasing / Inventory tab > Vendors sub tab. The results will pull up the value entered regardless of whether there is a Preferred Vendor or not. In the case that there is more than one vendor in the list, the Results will pull up all amounts entered and show it in separate line items.
Note: To add a vendor record in the assembly item record the Allow Purchase of Assembly Items preference must be turned on by navigating to Setup > Accounting > Accounting Preferences > Items/Transactions tab > Inventory > Allow Purchase of Assembly Items = T. To add more than one vendor in the item record the Multiple Vendors feature must be enabled by navigating to Setup > Company > Enable Features > Items & Inventory tab > Items > Multiple Vendors = T.
b. When a Vendor is not set in the Item Record > Purchasing / Inventory tab > Vendor sub tab, the results will pull up the Purchase Price on the item record.