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.
Don't miss out on our Question of the Week! You only have until tomorrow, November 6, 2025, 2PM ET to comment your answers and earn rewards! Click here for more details.
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!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
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

Using NetSuite "locations" for returns whacks COGS!

edited Aug 25, 2008 8:53AM in Accounting / ERP 9 comments

Folks,

We initially struggled with how to handle customer returns in NetSuite. We eventually settled on using two additional locations for returned items, in addition to our main location, as follows:

- Open Box
- Damaged

When a customer returns a perfectly fine widget, we issue a credit memo with the location at the line-item level being "Open Box". We eventually fulfill this item from the same location (at a cheap price) to some lucky customer, and so ideally the # of items in the Open Box warehouse is usually zero.

The only problem is that the COGS of all these credit memos is wrong! In fact, Netsuite has created a whole whack of credit memos into (and fulfillments out of) the Open Box warehouse that have no G/L impact on either Cost of Sales or Inventory. Those lines are just missing!

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