what reports shows the opening balance of an item ...
# ask-stanley-ai
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what reports shows the opening balance of an item beside the stock ledger?
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AI generated answer (using internal Slack threads):
The Inventory Valuation Summary report in NetSuite shows the opening balance of an item beside the stock ledger. This report provides a snapshot of the inventory quantities and values at a specific point in time. It includes information such as the item name, quantity on hand, average cost, and total value. To access this report, navigate to Reports > Inventory/Items > Inventory Valuation Summary. You can customize this report to include additional fields or filters as needed. Please note that any adjustments made to the inventory via Journal Entries will not be reflected in the stock ledger or the Inventory Valuation Summary report. Journal Entries only affect the financial accounts and do not impact the actual inventory quantities or values. If you need to adjust the inventory, you should use an Inventory Adjustment transaction instead. ****** 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: 0.845973253
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.835314751
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.824565232
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