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We’re excited to announce that the 2025 Community Recap is now available! This special recap highlights the amazing contributions and achievements of our members over the year and celebrates the collective success of our community.
Check your personalized recap to see the impact you made in 2025 and how your efforts helped shape our community’s growth and success.
View Your 2025 Community Recap
Thank you to everyone for your passion, collaboration, and support. Here’s to building an even stronger community together in the year ahead!
Season’s greetings to you and yours! As we head into the holidays (December 24 – January 4), we want to take a moment to celebrate the incredible strength and collaboration within our community. Even during the break, you can continue to benefit from connecting with peers, searching related threads, posting your questions, and marking helpful replies as “Accepted” in the Support Community.
Please note our dedicated team will be on reduced coverage during this time, and regular responsiveness will resume on January 5. Wishing you a joyful and restful holiday season!
-The NetSuite Support Community Team
NSC | How to Adjust Historical Landed Costs: Best Practices
Scenario:
The user wants to update or correct landed cost amounts on historical transactions—either due to incorrect entries or changes in actual landed expenses. This often applies to Item Receipts or Vendor Bills recorded in earlier periods.
Solution:
Adjusting historical landed costs can be complex due to potential cost recalculations, inventory valuation impact, and posting period restrictions. The best approach depends on the age of the transaction, volume of affected items, and whether the posting period is still open.
Recommended Best Practice
- Use Journal Entries
- For historical transactions—especially those in closed periods, involving multiple items, or dated several months back
Niks Blando-Oracle | Ask A Guru?️
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