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We have an inventory part. The inventory value is set at lets say 9.99. there is inventory received at this price. A few weeks later - we want to revalue the inventory at 8.99. The transactions post to the ledger. We aggregate inventory at the end of the month. We run inventory val we period - it shows that inventory item at 9.99. The total value of raw materials on the inventory val per period reconciles to the ledger balance, but the inventory is not 9.99 per item, should be 8.99. 

 

we have had this ticket open with IFS since March 2024, its September 2024. Has anyone else experienced this? and/or had a way to fix it?

Dear Morgan,

We can revaule our Inventory Part In stock and, the system would create an Inventory Transaction History record accordingly.

Refer below screenshots:

 

Enter your actual Unit Cost in Modify Level Cost Details popup window

 

The system would creates Inventory Trasaction History with Transaction code INVREVAL-/+

 

Hope I understood your requirement correctly.

 

Regards

Abdul Rehman

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