Total value of the Inventory item is not showing the correct value of the item

AI generated answer (using internal Slack threads):

The discrepancy in the "Total Quantity On Hand" shown in the "Inventory Valuation" report and the total quantity on hand shown on the item page itself could be due to several reasons. One of them could be the units of measure used. Another possibility could be the item being on hand in a different subsidiary location, causing the difference. As for items in different locations showing up on inventory count for a different location, one possible explanation is that a purchase or any transaction that adds inventory was inadvertently tagged to a different location. The bin might not show up because it was not populated in the transactions that add inventory. Regarding the issue of inventory on hand becoming zero but the item still having value, this could be due to backdated transactions still processing in costs. If you turn on the preference for display report titles and run an inventory valuation, you might see a message indicating that an inventory costing calculation is currently scheduled or in progress. The values on the report may be incorrect until this calculation completes. Once the calculation is done, the items with 0 On Hand on Location X which still hold a value should be fixed. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******