the stock ledger balance is higher than the trial balance

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** The discrepancy between the stock ledger balance and the trial balance could be due to a number of reasons. One common reason is that amounts posted to the Inventory Account via Journal Entry don’t impact the product valuation, so it won’t be reflected on the Stock Ledger. This could lead to a situation where the stock ledger shows a higher balance than the trial balance. Another possible reason is that an item was adjusted incorrectly into a P&L account rather than inventory. This would correct the P&L account and balance sheet account inventory, but not the adjustment, leading to a discrepancy between the stock ledger report and the balance sheet inventory account. In terms of resolving these issues, there are a couple of options. One is to reopen the period, delete the journal, and create an Inventory Adjustment Worksheet, increasing the inventory valuation by SKU (if it’s not lot numbered). Another option is to keep the difference for that period and create an Inventory Adjustment Worksheet on the current period and a reversal journal. In the case of additional inventory appearing in NetSuite without corresponding transactions, it's worth noting that a Bill unlinked to a receipted PO will act as receipt of goods. This could lead to a post into the stock ledger balanced against AP with no entry into Accrued Purchases, which could cause a discrepancy. Finally, it's recommended to make use of the inventory activity report to track inventory movements and balances. This can help identify and resolve discrepancies between the stock ledger and trial balance.