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!
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Inventory Received Not Billed/Price Variance Question
Question....
As I understand it, if there's a difference between the amount credited to inventory received not billed (IRNB) account from an inventory receipt from a PO, and the amount that AP matches, it leaves this difference in this account.
IF this is true, this is a problem - it should take this difference and put it to a price variance account.
That being said, how do others deal with identifying the variances? Unfortunately, (I'm new here) - these differences have built up over time and I need to figure out what they are.
Thanks
0