We have some material that we purchase in Liters.
 
We want to stock this item in Gallons.
 
I have set the Stocking and Pricing units to GA and have set the Purchase Units to L.
We have entered .26417 as the converstion factor.  When we receive 1 unit (liters) we want
.26417 Units (gallons) to be put in stock.
 
I have entered a price through PO-H.  I left the Purch U/M set to L and the Conversion factor
set to .2642 (please note that PO-H is 1 decimal shorter than inventory).\
I entered the price in purchase units ($9.1724 per liter).
 
I entered a PO for qty 25 of this item.  The extended price shows up as $9.17 instead of 25 * 9.1724 = $229.31.
 
In PO-H, it specifically said that the prices entered should be in purchased units.
 
This is the first time that we have had an item with a conversion factor less than 1.
Other items with conversion factors greater than 1 work fine.
 
Any Ideas??
 

That fixed it.
 
 FYI - According to Wikipedia, Capital 'L' or lower case 'L' are the official Symbols for Liter.