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It depends on the costing method of the org and the distribution details of the PO.1 person found this helpful
Typically, for avg. costing, it is not possible because that will alter the way the transaction was costed.
But for a std. costing org, it may be possible.
You will have to setup the test cases for your org and see.
if i use perpectual costing. can i update PO price after receiving?