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Why Work Orders Included in the Inventory Cost Revaluation
I have an issue with the Inventory Cost Revaluation. I created the ICR on June 18, 2026, with a transaction date of May 1, 2026, and included the cost components. However, in the Work Orders subtab, the system included Work Orders that were created before the ICR, going back as far as 2023. It included not only Work Orders…
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Transfer order Item Receipt cost changes to item cost after some time
Hi, I am seeing that my Item Receipt, which was created from the Transfer Order, is initially picking the TO price. After some time, the System Notes show that the system updated it to the item’s default price for the location. I would like to know what process is running in the background that causes this update.…
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Has anyone encountered this Inventory Cost Revaluation error?
Good afternoon all, I am seeing an error in the ICR for Assembly type items when some of their components have a Purchase UOM different from the Stock UOM. In SCREENSHOT 1.0 the ICR NEW UNIT COST is undervalued by $2.1792 as compared to the Costed BOM in SCREENSHOT 2.0. This is due to component item 327-00372-0086’s…
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[COST OF GOODS SOLD]Advise Needed to Adjust COGS after the period is closed
Hi GURUS, I have an scenario where i would like to seek suggestion and advise from the Gurus: ** For your information, we are setting our item's Costing Method = "Group Average Cost". During end of JANUARY 2026, we have created a Purchase and Item Receipt with below information: Quantity = 5 Rate = $5 per unit Once the…
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Inventory Cost Revaluation - Inventory Location Configuration behaviour
Hi, I have 10 locations in the system and I am performing a revaluation for an Item for 1 or 2 locations — Netsuite creates an entry for the other locations (but Action is only Configure) Is this expected behaviour? We are only expecting the locations we revalue against the item listed here.
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Unit Type for Inventory Cost Revaluation
When uploading an inventory cost revaluation transaction, should the cost uploaded always be based on the Primary Base Unit? For Example: Unit Type = "Weight" Weight Base Unit = 1 Ton (2,000 lbs) — Assembly Item Primary Unit Type = "Weight" — Assembly Item is stocked, purchased, and sold in a 100lb bag. Should the…
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NSC | Work Order Completion > Incorrect Projected Value
Scenario User is about to process work order completion, but upon reviewing the details, they noticed that the Projected Value is displayed as 0.00, which is unexpected and incorrect based on the work order’s components. Solution The zero Projected Value is likely due to missing cost information for the components in the…
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Writing down stock value
Hi, can anyone kindly advise how to write down stock value to NRV? I can adjust stock out by item using the inventory adjustment function, and I can uplift stock using an import function but I cannot find any way of reducing the value of the stock from cost to NRV. Any help greatly appreciated. Thanks
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Review Inventory Cost Accounting. How to clear : ITEMS LEFT FOR COST CALCULATIONS list?
While closing the periods, in the Review Inventory Cost Accounting, there appears to be an area under ITEMS LEFT FOR COST CALCULATIONS which shows the number of pending but when we run it, the list doesn't gets cleared. Kindly help on how to resolve this. TIA
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how to build a report detailing the composition of the balance sheet acct Accrued Expenses INVENTORY
Hi team, I hope you are doing well. I have a question: I want to build a report detailing the composition of the balance sheet account Accrued Expenses INVENTORY per period grouped by vendors. The intention is that the report will show only open IR or BILL (or JE) for which there is an open balance. In addition, we need…