How do i add a rebate that i get in the future to inventory on hand for a purchase i make today. for example, i have inventory purchase of 1 unit for $100 that i get a 5% rebate for. So my inventory amount should be $95 for the purchase, with an Accounts payable $100, rebate receivable $5

AI generated answer (using internal Slack threads):

Based on the conversations, it seems that the best way to handle this scenario in NetSuite would be to record the inventory purchase at its full cost, and then create a separate transaction to account for the rebate. Here's a step-by-step process: 1. Record the inventory purchase at its full cost ($100 in your case). This will create an Accounts Payable of $100. 2. Create a separate transaction to account for the rebate. This could be done by creating a Vendor Credit for $5, which will be applied against the Accounts Payable. This will create a Rebate Receivable of $5. 3. When the rebate is received, you can then apply the Vendor Credit to the Accounts Payable, reducing the balance to $95. This way, your inventory amount will be $95 for the purchase, with an Accounts Payable of $100, and a Rebate Receivable of $5. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******