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.
Don't miss out on our Question of the week! You only have until tomorrow, July 18, 2024, 2PM ET to comment your answers and earn rewards! Click here for more details.
Community Poll: What sort of content would you like to see more of?
Get ready to take on exciting new challenges and become the next SuiteMaster of the Month!

Audit problem - Obtain Cost of Goods Sold

edited Oct 6, 2023 11:25AM in Ask A Guru 9 comments

Hi there,


Our auditor perform audit our company want to obtain information to calculate Cost of Goods Sold (CGOS). But NS Income statement only capture Cost on each sales.

They calculate it as CGOS = Opening inventory + Purchase – Closing inventory

I tried to get data by the following report but the CGOS calculated has a big difference compare with CGOS on NS Income Statement report

Open Inventory from Inventory Valuation report

Purchase from from Purchase Order History

Closing Inventory from Inventory Snapshot


May I know how to get the following information include all adjustment made to those order and which report should use?

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 3 (Jul-Sep 2024)

This Week's Leaders

This Month's Leaders

All Time Leaders