Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
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.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
Balance Sheet - inventry asset - wong figure?
If I look at my balance sheet at the end of November and then print an inventry valuation summery as at the 30th November the two figures agree to the penny, which is what I would expect, that the inventry in the ballance sheet is the same as the physical stock we have.
However, at the end of December the ballance sheet and the inventry valuation differ by about £30, at the end of January the difference is about £200.
Is there an explanation as to why this should be. If I was audited and asked to account for the inventry in my ballance sheet I would expect to be able to produce a list of the stock on the shelf and it's valuation and it should agree withthe balance sheet and it does not.
0