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Opening inventory -Standard Cost
Hi There
Is it correct that opening inventory entered via an inventory adjustment transaction does not affect the value of inventory on hand?
For example, there is a new NetSuite account where the inventory all uses standard costing as a costing method.
I have brought in opening inventory stock on hand using an inventory adjustment transaction.
However, the stock is showing at $0 value:
The inventory revaluation for this item shows the per unit cost as $0.26:
thanks
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