Correcting Journal Entries Created by Posting Vendor Bill Variances for Items

This notice is intended for customer accounts that contains one or more journals created through the Post Vendor Bill Variances functionality for items with a purchase price variance in intercompany purchase orders. NetSuite has identified an issue wherein creating journals with the Posting Vendor Bill Variances functionality has led to incorrect calculations. A fix for this issue was released on October 13, 2020 for production accounts. Posting vendor bill variances will work as intended going forward, but it is recommended that journals created prior to the fix be reviewed.

Behavior Prior to Fix

Prior to the fix released on October 13, 2020 for production accounts, purchase price variance forced items to post vendor bill variances while also contributing to the calculation of the journal that was created.