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!
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

Is there a way to partially writedown/reduce the value of inventory items?

edited Nov 26, 2019 8:41AM in Accounting / ERP 3 comments

We have a situation where we purchase servers for X and sell them. We also send some out for evaluation. Upon their return from these evaluations, they are no longer considered "new" and we want to expense the item (either fully to $0 or partially depending on the eval type and length) BUT we still want to retain the item in inventory so we can manage the serial numbers and shipments of evals as we do normal sales orders.

Journal entries currently maintain the status quo with what we want reflected as true assets versus expensed items, but each time we re-stock and ship the eval products, we need to do this. As well, we continually show an asset that has already been expensed. Is there a way to pick certain inventory items and change their asset value to $0 (or some lesser value) without impacting initial purchase records, etc?

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