how to update average unit cost

AI generated answer (using internal Slack threads):

To update the average unit cost in NetSuite, you can use the Adjust Inventory Worksheet. Here are the steps: 1. Navigate to Transactions > Inventory > Adjust Inventory Worksheet. 2. Select your date at the top, then select your item from the list. 3. Set the quantity to the same as the on-hand quantity (so you don't adjust the quantity) but then set the value to the new value you want. 4. This will set the average cost for that item to that amount on the day you have selected at the top. You can also check your costing preferences by going to Setup > Accounting > Costing Preferences to see how often your costing runs. Your average cost is updated based on that cycle. If you want to check the inventory recalculation progress when using average cost, there is a field called "Cost Accounting Status" that you can unhide on the Item form to see the calculation status. You can add that field to a Saved Search to see the status for all items. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******