Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
COGS Problems
I decided to check out our income statement last week and noticed that our COGS was slightly higher than our total sales for the month. Big red flag right off the bat! :eek:
Upon closer inspection, we have a number of accounting problems, most of which we can't explain, or don't know how to fix.
Looking at the inventory profitability report, I found some items we had sold that were showing NO total revenue (giving us a gross profit % of 0); other items were showing NO total cost (giving us a gross profit % of 100); a few items are showing a negative gross profit, which can't be accurate as we don't sell below our costs; and finally there is an issue where the total revenue for a few items was recognized in one month, with the total costs recognized in another month. :mad: