inventorycostrevaluation
Manages cost revaluations for inventory items, adjusting item costs based on market fluctuations or financial requirements.
Columns
| Name | Type | References | Description |
| account | String | The general ledger account associated with this inventory cost revaluation, typically representing the asset or expense account affected. | |
| class | String | The classification category assigned to this transaction, used for tracking and reporting financial data by groups. | |
| createddate | Datetime | The timestamp indicating when this inventory cost revaluation record was initially created in the system. | |
| customform | String | The custom form template used for this transaction, which can define additional fields or workflows specific to business needs. | |
| department | String | The department associated with this inventory cost revaluation, providing organizational context for financial reporting and analysis. | |
| externalid | String | A unique identifier assigned externally, often used for integrating data with third-party systems or legacy applications. | |
| inventoryvalue | Decimal | The total inventory value after revaluation, reflecting cost adjustments based on updated pricing, market value, or internal changes. | |
| item | String | The specific inventory item affected by this cost revaluation, typically identified by its SKU, name, or internal ID. | |
| lastmodifieddate | Datetime | The timestamp of the most recent update to this record, indicating when changes were last made. | |
| location | String | The physical or logical location where the inventory adjustment applies, useful for multi-location inventory tracking. | |
| memo | String | A freeform text field allowing users to enter additional notes or context regarding this inventory cost revaluation. | |
| postingperiod | String | The designated financial period during which this transaction is recorded, ensuring proper accounting period alignment. | |
| subsidiary | String | The subsidiary within the corporate hierarchy to which this transaction belongs, relevant for multi-entity accounting. | |
| taxperiod | String | The tax reporting period applicable to this transaction, ensuring compliance with tax filing and regulatory requirements. | |
| total | Decimal | The overall financial impact of this inventory cost revaluation, including adjustments to unit cost and total inventory value. | |
| trandate | Date | The date when this transaction is considered effective, which can differ from the creation date. | |
| tranid | String | The unique transaction ID assigned by NetSuite to identify this inventory cost revaluation record. | |
| unitcost | Decimal | The adjusted cost per unit of the inventory item after revaluation, reflecting any recalculations in cost basis. |