<@U85JKSLLF> Personal Advise stay away from Invent...
# inventory
a
@Jeff Personal Advise stay away from Inventory Worksheets if is not super necessary.
j
Thanks for your reply, @alien4u. How about Inventory Adjustment? They wanted to adjust the Average Cost in the Item Record.
a
I'm not cost expert but I dont think modifying average cost is a general good practice because is base in a calculation, if people on your company think is wrong is because something else was wrong... Average (weighted-average method) – Inventory costing is calculated as the total units available during a specific date range divided by the beginning inventory cost plus the cost of additions to inventory.
j
I understand. Thanks for sharing the best practice. I actually found this from SuiteAnswers - Answer ID: 67795.
Reestablish the Average Cost or Total Value by creating an Inventory Adjustment to zero out the quantity/value of the Lot Numbered item.
After resetting the values, create another Inventory Adjustment to add back the quantities and assign the desired Average Cost and generate a new Total Value.
a
Perfect use that better than Worksheets...
j
Thank you very much, @alien4u