Purchase Order data embedded in product data

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Hi all,


We make a few orders per month from our suppliers and I just discovered the "Purchase Orders" function within Inventory. Perfect tool to add upcoming shipments and also creating orders to send to suppliers. 


I was wondering If, when receiving orders, the data in the purchase order is updated and inserted into the incoming products? Most importantly, the product costs. And also, does it take into account the price for shipping as well? 


I tried doing a test order but couldn't see if any data that was inserted in the purchase order was actually inserted into the product data when received. 


Many Thanks,