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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Inventory Valuation After Item Master Load in NetSuite
Hello Gurus,
We’ve recently acquired a company and are in the process of integrating it into our NetSuite platform by creating a new subsidiary. As part of this effort, we've received the Item Master file, which we plan to load into NetSuite.
My question is regarding inventory valuation post-import:
How is the inventory value determined after the item master is loaded?
Will NetSuite calculate it based on the item cost specified in the item master multiplied by the inventory quantity?
I’d appreciate any clarification on this.
Best regards,
Thanks & Regards,
~BN
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