To avoid NetSuite negative inventory, the best thing to do is to map out your inventory management processes to find the points of concern. Here are 10 easy tips that can help once that is done: Create a warning for an item that is not in stock when entering a sales transaction. Create Item Receipts… Continue reading 10 Easy Tips to Avoid NetSuite Negative Inventory
Tag: negative inventory
Location On Hand Quantity shows negative value even if all the related sales orders are in “Billed” status.
Location On Hand is the Quantity currently stocked, including Quantity Committed. This includes the item quantity in the transactions. If the back-ordered item in a sales order is fulfilled, then the same item quantity will be decreased from the “Location on Hand” quantity. So even if the SO is fulfilled and billed, the quantity difference… Continue reading Location On Hand Quantity shows negative value even if all the related sales orders are in “Billed” status.
Item Saved Search to find Items with Negative Inventory in any Location
Create an item saved search Criteria :Type – Inventory ItemLocation on Hand – less than zero Results:Name Display NameLocation On HandInventory Location fields (Join field) – Name Note: The “On Hand” and “available” result fields will show the sum of the Quantity from all locations. To get the quantity of each location, we should select… Continue reading Item Saved Search to find Items with Negative Inventory in any Location