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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Best Practices for Disposal of Expired Inventory
Hello everyone,
I just wanted to see what everyone's method of disposing inventory in NetSuite is. The way my organization handles this is we do an Inventory Adjustment to the applicable item, lot code and location with a GL impact Credit to Finished Goods and Debit to Inventory Obsolescence where, hopefully, we have properly accrued a reserve for the risk of spoilage.
Any thoughts or other methods that you use?
Thanks for your insight!
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