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COGS and Accruals
Our primary business line follows a drop-ship reseller model. We continue to have chronic problems with the proper matching of revenue and cost of goods sold. As a normal course of our monthly close, we resort to a manual matching of sales invoices to related bills. The process is very time consuming and is error-prone.
The crux of the problem seems to be that there are no automatic tools/templates/processes in NetSuite to automatically accrue COGS for purchase orders that have been fulfilled. (I have used other ERP systems which do this routinely). Further, there is no easy way to match/relate bills to sales invoices.
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