Hi! We went live with NetSuite in July of 2022 and have been using two systems since (now March 2023). I want to do away with our old system, but in order for me to completely go live with NetSuite, I need to re-cost all inventory to make it match the old system. My ACS team is telling me that I have to zero out inventory and re-enter in the inventory as an inventory adjustment with the new cost. The problem is I am trying to do this as of 12/31/22, and we do not allow inventory to go negative. We also use LOT numbered items as serial numbers. Any and all help or insight is greatly appreciated.

We had something similar but not exact - to resolve we had our team do an update to starting inventory worksheet against our opening balance account with the updated costing and units - hope this helps!

zero inventory should not be negative. so it should work.