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?
Please note that on Saturday, June 22, 2024, at 8:00 PM Pacific time, our Case Management System will undergo a scheduled maintenance for approximately 60 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.

GL impact on Inventory Adjustment

edited Aug 31, 2023 7:49PM in Ask A Guru 4 comments

I was adjusted stock via inventory adjustment to adjust off one

I had matched the est. unit cost to the cost shown and when I submitted the adjustment GL impact was 0.

However, the next day system has now adjusted to have a GL impat of 3.24.

Can you please confirm what is happening in the background to adjust this figure? How do we have a net 0? Which cost should we be using?


i am using average costing as the costing method

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