does issue components affect inventory valuation
# ask-stanley-ai
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does issue components affect inventory valuation
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AI generated answer (using internal Slack threads):
Based on the conversations provided, it appears that issue components can indeed affect inventory valuation in certain circumstances. In the first thread, it is mentioned that Bill Credits linked to Vendor Return Authorizations (VRAs) do not affect stock on hand, and thus do not appear in the inventory valuation report. However, Bill Credits not linked to VRAs act as both a credit and shipment, reducing the stock on hand by themselves, and thus affecting the inventory valuation. In the second thread, the discussion revolves around revaluing inventory items without changing quantities. It is suggested that if there is a 3-day window in history with no inventory transactions, inventory can be brought to 0 on a specific day with an inventory adjustment, and then brought back up to stock at the correct value on a later day. This process would affect the inventory valuation. In the third thread, the issue of inventory on hand becoming zero but the item still having value is discussed. It is suggested that backdated transactions still processing in costs or an ongoing inventory costing calculation could be the cause of this. Once these calculations are completed, the inventory valuation would be adjusted accordingly. ****** 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: 0.789194107
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.784390688
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.779536366
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