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How can I manually update inventory average cost?

in Costing 2 comments

We have an item that was mistakenly ordered at a much higher cost than it should have been. I need to adjust down the issue cost so when users request from inventory they are not overcharged. I attempted to run the Perpetual Average Item Cost adjustment, and it shows as being submitted but the item cost remains high when I test adding it to my requisition cart. Is there another step needed?

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