How can i fix a cost of item if it's 908 and supposedly it should be 934

AI generated answer (using internal Slack threads):

To fix the cost of an item in NetSuite, you can use the Inventory Adjustment feature. Here's a step-by-step guide: 1. First, you need to take your item balance down to zero. You can do this by creating an Inventory Adjustment. Go to Lists > Accounting > Items, find your item, and note down the quantity. Then go to Transactions > Inventory > Adjust Inventory, and create a new adjustment. Set the Adjustment Account to an appropriate account (like an inventory adjustment account), and in the Items list, find your item, set the Adjust Quantity By to the negative of the current quantity, and set the Adjust Rate By to the current cost (908 in your case). Save the adjustment. 2. Next, you need to re-enter the item with the corrected cost. Create another Inventory Adjustment, but this time set the Adjust Quantity By to the positive of the quantity you noted down, and set the Adjust Rate By to the corrected cost (934 in your case). Save the adjustment. Please note that inventory transactions on the same day may be ordered differently depending on the costing rules. If the system doesn't treat the positive adjustment as the later transaction, you might have to do the transactions on different days. Also, be aware that this will affect your inventory valuation and your COGS, so you should only do this after understanding the implications and possibly consulting with your accountant. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******