When doing an inventory cost revaluation for stand...
# ask-stanley-ai
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When doing an inventory cost revaluation for standard costing an item, where does netsuite pull the price from that it will assign to the inventory cost revaluation?
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AI generated answer (using internal Slack threads):
When doing an inventory cost revaluation for standard costing an item in NetSuite, the price is pulled from the 'Est. Unit Cost' field. This field is where you enter the cost of each item being added to the quantity on hand. If you entered a negative number in the 'Adjust Qty By' field, you cannot enter anything in this field. The cost of the items being removed from the quantity on hand is calculated. It's important to note that each location in NetSuite is a Costing Center. This means if you adjust down in Location A (where this item has a value) and you adjust up in location B (where this item never existed), you can end up adjusting with zero value in Location B. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.84134388
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.834602952
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.832388341
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