How to Inventory Revaluation?

AI generated answer (using internal Slack threads):

Inventory revaluation in NetSuite can be a bit tricky, especially when you want to backdate it. Here are some steps you can follow: 1. If you have a 3-day window in history with no inventory transactions, you can bring inventory to 0 on a Friday backdated with an inventory adjustment and then on Monday bring the inventory back up to stock at the correct value. This has to be a full calendar day at 0 on hand for it to work. 2. You'll change the financials in that period, and need to use an appropriate expense account or a holding account for both inventory adjustments. 3. If you want to find out inventory on hand at year-end for items that are bought from a particular vendor, you can customize the "Inventory Valuation Summary" report to add vendor as a filter. Change "As of" date to be year-end and filter for the desired Vendor. 4. If you want to view the inventory count at a certain date, you can go to Reports > Inventory > Inventory Valuation Summary, and change the date below, then click on refresh. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******