Discussions

Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Community Poll: What sort of content would you like to see more of?

Why does Item fulfillment make negative result in the income statement?

edited Mar 15, 2023 11:11AM in Ask A Guru 6 comments

Hello


I make an inventory transfer between 2 locations inside the same subsidiary; it affects the income statement negatively.


As I know, moving items between 2 locations should not affect the balance sheet because there are no sales,


In this case, you can see how it affects the balance sheet, the question of how this should be fixed and make it not give any positive or negative result.

Profit and loss (income statement)


Transfer order

it there is a transfer order, then the



GL impact of the item fulfilment



At the same time, there is no impact for item receipt

Technivision FZE

Amjad Kasem

Founder - General Manager

amjad@technivision.tech

+971567848148

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 2 ((Apr-Jun 2024) )

This Week's Leaders

This Month's Leaders

All Time Leaders