can i use inventory count to adjust the cost of item?

AI generated answer (using internal Slack threads):

Based on the conversations, it appears that you can use Inventory Adjustments to adjust the cost of an item. This can be done by taking the balance of the item down to zero and then re-entering it with the corrected cost. For example, if you have 10 items at $1.50 each in the system, you can do an Inventory Adjustment for -10 to clear the balance. Then, you can do an Inventory Adjustment for +10 at the corrected price. However, you need to check the costing rules to ensure that the system treats the positive Inventory Adjustment as the "last" transaction. If it doesn't, you might have to perform the transactions on different days. Also, when adjusting the cost, it's recommended to do the move-out Inventory Adjustment first and separately (and on a different posting date) than the move-back-in Inventory Adjustment, to keep things clean. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******