Discussions
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!
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.
Intercompany In transit
Hello Everyone,
How do you all manage Intercompany orders? We noticed some discrepancies when handling our intercompany transactions.
For example, let's say Subsidiary B purchases from Subsidiary A. Subsidiary A creates an item fulfillment that debits in transit until Subsidiary B receives the PO which then credits the transit account. The issue here is that this inventory should not be in Subsidiary A's in-transit account, It should be in Subsidiary B in transit account.
We know about inbound shipments, but Netsuite confirmed this doesn't work for intercompany orders.
NetSuite's solution is to immediately receive the order after it's been shipped, even if it's not physically received. This causes other issues with overstating our inventory in Subsidiary B.