HA
04/08/2025, 4:07 PMCeligo AI
04/08/2025, 4:07 PMAI generated answer (using internal Slack threads):Based on the conversations, it appears that you cannot directly change the cost on an inventory transfer in NetSuite. However, there are a few workarounds you can consider: 1. Use Item Cost as Transfer Cost: If you mark the "Use Item Cost as Transfer Cost" checkbox, it will use the Location Average Cost of the location you are shipping FROM as the IF cost and the Location Average Cost of the location you are shipping TO as the IR cost. If you disable this feature, then set the Transfer Cost on the item record (there is a field called Transfer Cost or Transfer Price) and this will be the cost used on the IF and IR. 2. Inventory Cost Revaluation: If you aren't able to delete/recreate transactions, then you could check out the Inventory Cost Revaluation record type. This requires Standard Costing to be enabled, which can be turned on in Enable Features. 3. Inventory Adjustment: Another option is to perform an inventory adjustment. You can define the new cost on the inventory adjustment. Please note that these methods may have implications on your accounting and inventory valuation, so it's recommended to consult with your accountant or a NetSuite professional before proceeding. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Celigo AI
04/08/2025, 4:07 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.849087298
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.836763203
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.835232913
Celigo AI
04/08/2025, 4:07 PM