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Read on for the latest updates including:
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• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Balance Sheet - inventry asset - wong figure?
If I look at my balance sheet at the end of November and then print an inventry valuation summery as at the 30th November the two figures agree to the penny, which is what I would expect, that the inventry in the ballance sheet is the same as the physical stock we have.
However, at the end of December the ballance sheet and the inventry valuation differ by about £30, at the end of January the difference is about £200.
Is there an explanation as to why this should be. If I was audited and asked to account for the inventry in my ballance sheet I would expect to be able to produce a list of the stock on the shelf and it's valuation and it should agree withthe balance sheet and it does not.
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