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Can you have bill variance accurals for outsourced manufactured items
We have Outsourced manufacturing items that use a an other charge for purchase item. We can not check the generate accruals check box. How can we create accruals for outsourced processing charges?
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Reporting/Verifying Vendor Bill Variances by Purchase Order
We are running a saved search that groups transactions that hit our Accrued Purchases account by Created From, which has the effect of grouping them by PO (since we always create a separate vendor bill for each PO) so we can see the total of the transactions affecting that account for each PO. In the vast majority of cases…
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How to calculate Vendor Bill Variances?
Hi Guru's, I don't quite understand how the Match bill to Receipt works on the item. I have tested various purchase orders, receipts and vendor bills, but I do not really understand where certain bookings come from. Example 1 (INK23.0033 - Match Bill to Receipt = True) PO - Quantity 20, Rate 285 IR - Quantity 20 Bill -…
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How to resolve Error for Vendor Bill Variances with Centralized Purchasing Location?
Hi, When posting vendor bill variances while using centralized purchasing, we are getting an error that the (billing) location is not available for creating the variance JE in the receiving subsidiary. Notice Invalid location reference key 128 for subsidiary 18. Locations are obviously subsidiary specific, so I don't…
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Handling vendor overpayment issue
What is the best way to handle /deal with vendor overpayment? Below is the scenario. Step 1) PO created with Item qty-10|rate-$100|amount $1000 Step 2) PO billed with Item qty -10|rate-$100|amount $1000 and bill payment have done ( Note- adv billing feature enabled) After that Step 3) PO received Item…
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Time Posting to an inactive location
We have an Inactive Location Set up in NS. There is Time Posting to this inactive location I'm not sure where to even begin to try and troubleshoot this. This time is associated with a project. The project is closed. Has anyone seen anything like this or have any insight into how to restrict time entries from…
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Correcting Journal Entries Created by Posting Vendor Bill Variances for Items
This notice is intended for customer accounts that contains one or more journals created through the Post Vendor Bill Variances functionality for items with a purchase price variance in intercompany purchase orders. NetSuite has identified an issue wherein creating journals with the Posting Vendor Bill Variances…