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• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Balance Sheet Less than Inventory Valuation
Can any one assist with a methodical way to find why my Inventory Asset on my Balance sheet is less than my Inventory Valuation?
I am also looking for a best practice to fix this situation.
The following should be considered:
We have had to close out a numbe rof PO's that were out of balance but since have adjusted inventory, and A/P for the items (ie so our items and what they were billed at are correct)
I have not made any non item level adjustmnents to our Inventory adjustment account.
Any thoughts or assistance would be greatly appreciated.
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