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New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.

Ramu Komireddy_9891 · Senior Oracle Netsuite Functional Consultant · Bronze Trophy

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  • Hi @Bee Yook Here is the cleanest solution: The "Wash Bill" Method. This method creates a dummy transaction to "use up" the prepayment in the system, but it codes the impact back to the Prepayment account so the net GL effect is zero. Step 1: Create a "Dummy" Vendor Bill You need a Bill to apply the prepayment against. Go…
    in Prepayment balance in vendor master Comment by Ramu Komireddy_9891 Mar 4, 2026 4:37AM
  • Hi @Nursalim The "Why": Retroactive Cost Adjustment This specific GL entry happens when you sold or fulfilled this item before you officially received it in the system. Here is the sequence of events that triggers this: The Sale (Past): You fulfilled/shipped this Assembly Item to a customer (or used it in another build)…
    in Cost of Adjusment in item receipt Comment by Ramu Komireddy_9891 Feb 27, 2026 8:29AM
  • Hi @Bee Yook The Correct Way to Adjust If you need to adjust that balance without a standard bank transaction (for example, importing opening balances or correcting an error), you must simulate the transaction logic: To Increase Balance: Create a Vendor Prepayment transaction. If no cash actually moved (e.g., an…
    in Prepayment balance in vendor master Comment by Ramu Komireddy_9891 Feb 27, 2026 8:26AM
  • Hi @User_5FWNK This is the easiest way to report on these figures without writing scripts. Go to Reports > New Search. Select Transaction. Criteria Tab: Type: is Item Receipt Main Line: is False Tax Line: is False Item : Landed Cost: is not (none) (This filters for items that track landed cost). Results Tab: Add the…
    in Landed Cost Per Unit Comment by Ramu Komireddy_9891 Feb 26, 2026 9:15AM
  • Hi Oracle NetSuite Family, My self - Personal Profile Name : Ramanjaneyareddy.komireddy Marital Status : Married Nationality : Indian Languages known : Telugu, English Hobbies : Photography, Travelling, Music. My Experience, Having a solid experience on NetSuite Implementation, Customization, Suite Builder, Suite…
    in Introduce Yourself! Comment by Ramu Komireddy_9891 Feb 3, 2026 6:11AM