Maybe I'm too stupid to use it right.
I just ran a test, and in my opinion HQ failed miserably.
The test:
From Store Ops, generate a test PO. One line item, an ILC that had zero on hand and a prior cost of $12.50. Change cost on PO to $10.00, receive & commit.
Store Ops behaves as expected - cost changes to $10, reorder cost changes to $10, quantity on hand, last ordered, last received - everything updates just like you'd expect.
Wait for HQ to process the next regularly scheduled WS401. Check item properties at HQ.
Quantity on hand - updated OK. Last ordered - updated OK. Last received - NOT UPDATED. Cost - NOT UPDATED. Reorder cost - NOT UPDATED.
As a result: HQ Inventory value report INCORRECT.
I didn't go so far as to sell the item at the store, but I'm willing to bet that if I did...
HQ Detailed Sales report would show INCORRECT cost & profit figures.
At this point, I have more or less lost all faith in HQ as a reliable tool.
I would LOVE to have somebody restore my faith, but am not exactly holding my breath here.
Tom