Articles tagged #INVENTORY
Articles tagged
#INVENTORY

Resolve Revalue Standard Cost Error: "Invalid Item Reference key XXXX for subsidiary X"

Lists>Accounting>Revalue Standard Cost Inventory-- Result:Failed: Invalid Item Reference key XXXX for subsidiary X

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CSV Import on Inventory Adjustment Throws an Error: "You cannot create an inventory detail for this item"

When importing a CSV File to create or update anInventory Adjustmentrecord, an error: "You cannot create an inventory detail for this item" can be encountered when the item you are importing is not aSerial/Lot Numbered Itemor does not use bins.

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Resolve Error: "Invalid item reference key xxxx" in CSV Import of Inventory Adjustment

User received an error message on the CSV file forInvalid item reference key XXXXafter following the usual process of importing transactions such as Inventory Adjustment.

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Display Items with Negative Stock (Quantity On Hand) and Send Monthly Email Alert

The user needs to set up a report/search that gets emailed once per month which displays all of the stock negatives at that time.

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Item Settings and Stock Levels for Multi-Locations

After you distribute existing unallocated inventory or when you enter new item records, you can configure item settings per location. On item records, you can set a preferred location, reorder point, and preferred stock level. You can also view quantities or inventory levels.

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Non-Inventory Item: Generate Accruals

Non Inventory Items > Generate Accruals = T > Item Receipt has no GL ImpactItem settings at the time the Purchase Order line iscreatedis the basis of whether accruals will be generated or not.Item receipt shows no GL Impact even if Generate Accruals is set to True on the item record.Note:In order for the new setting to take effect, the Purchase Order item line should be created from scratch. As such, making a copy of a Purchase Order that was created before Generate Accruals was enabled will still inherit the old settings. The old settings will also remain if you make a copy of an old Purchase Order, use Copy Previous button to make the new line, and save the Purchase Order.

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Permission to Access Review Negative Inventory Page

Scenario :

User needs to identify which permission is needed to access Review Negative Inventory.

Solution :

  1. Navigate toSetup>Users/Roles>Manage Roles
  2. Custom Role: ClickEdit
  3. ClickPermissions
  4. ClickLists
  5. Permission:SelectItems
    • Level:Select at leastViewlevel
    • ClickAdd
  6. ClickSave

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Review Inventory Activity

If you use NetSuite OneWorld, this task opens a customizable version of the Inventory Activity Detail report. This report provides a view of specific inventory values. The report details are based on the item level total inventory value in a specific subsidiary context.

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Review Inventory Cost Accounting

When closing a period, you must run the costing accounting process for the period close. To complete this task, ensure that there are no costing items to be corrected and that inventory costing calculations are not already currently running.

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Reviewing Negative Inventory

You can identify any negative inventory values that can be corrected by adjusting them to be positive. This process does not create a physical count. A physical count should already be completed before you begin this task.

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Quantity Available on Purchasing/Inventory tab is Less than Inventory Detail tab

When the quantity available onPurchasing/Inventorytab is less then the quantity available on theInventory Detailtab.

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Inventory Cost Revaluation Has GL Impact To Inventory Account

An Inventory Cost Revaluation sets the standard cost of an item. This process identifies which cost and cost category will be used on transactions for this item as of the effective date. After the revaluation is performed, transactions entered use the newly established standard cost for items.

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Inventory Adjustment > Click Inventory Detail > Enter Inventory Detail > The Total Inventory Detail must Be NaN

With Advanced Bin/Numbered Inventory Management enabled, create an Inventory Adjustment for an Inventory with Inventory Detail.

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Saved Search on Inventory Count of Lot Numbered Items to Show the Inventory Numbers and Quantities on Snapshot Detail and Count Detail

Scenario

Users want to show in a single saved search theInventory Numbersand their quantities on theSnapshot DetailandCount Detail.

Solution

  1. Navigate toLists>Search>Saved Searches>New
  2. SelectTransaction
  3. Search Title:EnterTitle
  4. ClickResults
  5. ClickStandard
  6. Filter:
    • SelectType
      • SelectInventory Count
    • SelectItem
      • Selectnot none
    • SelectStatus
      • SelectInventory Count:Approved,Inventory Count:Completed/Pending Approval
    • SelectItem fields...
      • SelectIs Lot Number
        • SelectYes
    • SelectFormula(Numeric)
      • Formula:EnterCASE WHEN {transactionlinetype} = 'Snapshot Quantity' or {transactionlinetype} = 'Count Quantity' THEN 1 ELSE 0 END
        • Formula (Numeric):Selectequal to
        • Value:Enter1
  7. ClickResults
  8. ClickColumns
  9. Field:
    • SelectDate
    • SelectDocument Number
    • SelectItem
    • SelectFormula(Text)
      • Formula:EnterCASE WHEN {transactionlinetype} = 'Snapshot Quantity' THEN {inventorydetail.inventorynumber} ELSE null END
      • Custom Label:EnterSnapshot Lot Number
    • SelectFormula(Text)
      • Formula:EnterCASE WHEN{transactionlinetype} = 'Snapshot Quantity' THEN {inventorydetail.quantity} ELSE null END
      • Custom Label:EnterSnapshot Quantity
    • SelectFormula(Text)
      • Formula:EnterCASE WHEN {transactionlinetype}='Count Quantity' THEN {inventorydetail.inventorynumber} ELSE null END
      • Custom Label:EnterCount Lot Number
    • SelectFormula(Text)
      • Formula:EnterCASE WHEN {transactionlinetype}='Count Quantity' THEN {inventorydetail.quantity} ELSE null END
      • Custom Label:EnterCount Quantity
  10. ClickAdd
  11. ClickSave & Run

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No Items Showed on Create Inventory Count Page

Scenario

A user found no items shown on the Create Inventory Count page. This is due to the last inventory count date can no longer be used or set even when the inventory count created on that day has already been deleted. For example, when an item has the last inventory count date set to 12/31/2020, the next inventory count date is 1/30/2021, and the inventory count interval is 30. On the inventory count page, the count start date should be 1/30/2021 but not 12/31/2020.

This holds true even if the previous inventory count made on 12/31/2020 has already been deleted. This last inventory count date is not editable because this is based on the inventory count generated from the create inventory count page. Itis also not advisable to delete an inventory count as there may be inventory adjustments related to it.

Solution

Recreate deleted Inventory Count record.
  1. Navigate toTransactions>Inventory> EnterInventory Count
  2. Populate required fields with preferred values
  3. Itemstab
  4. SelectItemfrom the drop-down list
  5. ClickSave
Note:Inventory Adjustments might be created by the deleted Inventory Count due to differences between Count Quantity and Snapshot Quantity.Moving forward, the Create Inventory Count page may be used on succeeding Inventory Counts.

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Inventory Count Has No GL Impact

Inventory Count has no GL Impact

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Items associated with Bin are not showing on Inventory Count page

Itemsassociated withBinare not showing onInventory Countpage

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Inventory Count Sheet Does Not Appear for Printing Supply Chain Forms

Inventory Count Sheet does not appear for printing when navigating toTransactions > Management > Print Supply Chain Forms > Inventory Count Sheet

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Search Item Next Count Date

To create a report with an empty Next Count Date, please follow the following:

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Estimated Unit Cost in Inventory Adjustment for New Location (Multi-Location Inventory)

Scenario

When adding New Quantities viaInventory Adjustmenton a New Location, note that theEst. Unit Costwill default toZero. As there are no historical transaction yet for the Item on that Location, it is expected behavior that the Average Cost on that Location is Zero. Est. Unit Cost defaults to the Average Cost of the Item per Location and not the Average Cost on the Item Level. This means that the Item's Average Cost on the Item Level will not carry over to the New Location. The Average cost on the Item Level is the Average Cost of the Item across all locations. This is documented under the field help for the Average Cost on the Item. "This field displays the current average cost of the item across all locations. Using the weighted-average method, the average cost is calculated as the total units available during a period divided by the beginning inventory cost plus the cost of additions to inventory."

Solution

To be able to addCoston theItemon theNew Location, change theEst. Unit Coston theInventory Adjustmentfrom zero to a positive amount.

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