How to revalue an item:
Search for Revaluation Journals
Select Process, Calculate Inventory Value
Enter Posting Date, Document No. – then you can calculate per Item or Item Ledger Entry
Further down you can filter by Item No
Enter the values in the Unit Cost (Revalued) and Inventory Value (Revalued) to equal the amount you want it to be. Post
Search for Revaluation Journals
Select Process, Calculate Inventory Value
Enter Posting Date, Document No. – then you can calculate per Item or Item Ledger Entry
Further down you can filter by Item No
Enter the values in the Unit Cost (Revalued) and Inventory Value (Revalued) to equal the amount you want it to be. Post