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Note: You have two ways to revalue the inventory:

  • Price Change – select to change the cost of the item and calculate the value of the whole inventory according to . The inventory value will be adjusted by the difference in the current cost and the new price you enter.

  • Inventory Debit/Credit – select to revaluate by changing the inventory valuerevalue inventory by a specific dollar amount you enter, which will cause the item cost to change accordingly.