i have an inventory profitability report complete ...
# ask-stanley-ai
v
i have an inventory profitability report complete in netsuite, but i can't get it to run based on period. and because it won't run based on period it doesn't match with the income statement
c
AI generated answer (using internal Slack threads):
Based on the conversations, it seems like the issue you're facing is related to the limitations of NetSuite's reporting capabilities. The Inventory Detail report in NetSuite does not support a point-in-time analysis like some other reports can. This is because it doesn't have a date field or system notes, so you can't report on when an item was created. This is a known limitation with NetSuite's bin management, as there are no timestamps on bin detail. For your specific issue with the Inventory Profitability report not matching the Income Statement, it could be due to the fact that these reports are calculated differently and may not always match up exactly. The Income Statement is based on the accrual method of accounting, while the Inventory Profitability report is based on the cost of goods sold and the selling price of the items. One possible workaround could be to use the Inventory Valuation report instead. This is a standard report in NetSuite that can provide a point-in-time analysis. You can run this report for the exact time period you're interested in, and it should give you the inventory value at that specific point in time. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.847506821
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.845757186
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.838845789
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