Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
No Limits. Just possibilities.
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.

Income Report / COA serious problems

edited Apr 24, 2007 6:05PM in Accounting / ERP 6 comments

I’ve been trying to reconcile a few discrepancies in Income Statement and found several problems with COGS and have no clue what may be going on.

Here is a good example of a section of my COGS:

----------------------------
Item Fulfillment     1/26/2007 643595 Keith Bxxxxx   $76.48   ( 76.80 is correct COGS for this item)

Customer returned item.  ( was dropshipped) 

Bill Credit 2/28/2007 32852 Supplierxxxxx Inc.      ($55.55)    ( Actual Credit was for 79.00 from supplier - drop ship)

Item Receipt          3/5/2007     1528 Keith Bxxxxx   ($23.46)   (Customer returned item, Why only $23.46 should be 76.48 )

---------------------------
Another example for the same product-

Item Fulfillment 2/23/2007 644969 Catherine Lxxxxx  $23.46    $xxxxxxxxxx     ( same product as above. Why is COGS 26.46?  Sould be in the $76.48)  

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 4 (Oct-Dec 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders