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SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year.
Registration opens June 9. Be ready when passes drop. Get the green light now - Convince your boss
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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