I billed an item at a higher cost than it was received at. I do not see anything posted to the bill variance account defined on the item. Why would that be?

AI generated answer (using internal Slack threads):

The reason you might not see anything posted to the bill variance account defined on the item could be due to several factors. Firstly, the bill variance is typically posted when there is a difference between the item receipt cost and the vendor bill cost. If the costs are the same, there would be no variance to post. Secondly, the variance might not be posted if the item is a non-inventory item. According to NetSuite's documentation, only inventory items that have a variance will reflect on the Post Vendor Bill Variances page. Non-Inventory items will not be reflected. Lastly, it's important to note that a vendor bill unlinked to a receipted Purchase Order will act as a receipt of goods. This means that if you check the General Ledger, you will likely see a post into the stock ledger balanced against Accounts Payable with no entry into Accrued Purchases. If none of these scenarios apply, it might be worth checking the settings of your item and the related transactions to ensure everything is set up correctly. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******