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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.
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Adjust Inventory Worksheet Problems
This is extremely bizarre and i am not sure why NetSuite woudl behave in this way. Anyhow here is an example
Made simple for the maths
You have an inventory of 1 item worth $100.00
You adjust that inventory item to be worth $90.00 (for whatever reason)
Therefore the difference is $10 which say we charged to "Inventory Depreciation"
However Netsuite credits $90 to the "Inventory Depreciation"
It seems NS believes we have suddenly gained $90.00 worth of stock.
My understanding (and the way this worked in QuickBooks) was it should charge the difference between the old value and new value to the selected account. so in this case $10.00 charged to "Inventory Depreciation"
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