
I am trying to reset an average cost. I am aware of item revaluation journal. However, I was trying to get it to go to zero - i.e. take all quantity out of stock (there is stock only at 1 location). However, I am seeing that does not take the average cost to zero. Therefore, when I put inventory back in, the new average cost is not the cost that I've entered. Is that a way to get that average cost to go to zero? It tried adjust cost - item entries but maybe I did something incorrectly?
LB,
I think this question is a repeat so use the link here to see reply:
Thanks,
Steve