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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
Inventory for Internal Use
I am wondering how other people handle this situation:
Many of the items we stock for resale are things we need to internal use. When an item is taken out of stock for internal use, how to we tell netsuite to (a) decrement the inventory count appropriately but (b) not charge it to COGS (since it is a capital or period expense for internal use).
Our warehouse guys suggested created in "internal customer", but that doesn't work because it would charge COGS. Another suggestion was to use an Inventory Adjustment, with the adjustment account being the expense or capital account. But, that seems a bit, well, not controlled.
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