Inventory was recorded through normal entry process several weeks ago. It has been determined that there was an error with the value extension. I am aware of only two ways to correct the error. 1) Enter an adjusting entry, by quantity and by unit price. 2) Enter a Cost Adjustment entry by entering quantity and unit price. My question, is it possible to correct the value without effecting the quantity? I am aware of the Variance Adjustment that will correct the quantity without effecting the value. Please advise.
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