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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
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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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Adjusting Inventory $ Leaving Quantity Same
Our CPA is getting ready to start our tax return. We have lots of inventory items that are still "sellable" however they have lost a lot of their value.
For example, 2 years ago we purchased 20 widgets for $100 each. We only sold 5 and still have 15 in stock. We don't want to write them all off because we may still sell them.
Our vendor has advised us that a 2 year old new widget is now only worth $25 each.
How can I adjust the $ amt of the inventory (offset the inventory adjustment worksheet) while keeping our quantities intact?
Thanks,
Chris
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