Definition
The total price paid for an object at acquisition, including taxes for which the purchase is liable. Associated with the Object number. If no individual prices are known for specific objects in the group (eg a lot bought at auction), use Group purchase price.
How to record
Use local currency. Convert any non-local currency into local, using the exchange rate at date of acquisition.
Examples
750.00
Use
An object can only have one Object purchase price recorded.