![]() Most Dynamics NAV users are familiar with using the Dynamics NAV Revaluation Journal for the first scenario, but are not familiar using it with the second. This scenario could be caused by an incorrect cost posted in a Dynamics NAV Item Journal in which that inventory has already been deducted from inventory. In the second scenario, you would want to revalue a single increase to inventory (positive adjustment, for instance). ![]() In the first scenario, you would want to revalue all of the remaining quantity in inventory for an item. There are typically two scenarios regarding inventory revaluing. NOTE: Because Standard Cost is handled differently, I will explain it in a future entry and deal only with costing Methods of FIFO, LIFO, Average, and Specific at this time. This blog entry explains how to revalue inventory using the Revaluation Journal in Dynamics NAV. ![]() ![]() There are times when it becomes necessary for a company to revalue inventory. ![]()
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