are statistical entries considered posting entries?

AI generated answer (using internal Slack threads):

Statistical entries in NetSuite are not considered posting entries. They are used for tracking non-monetary data such as quantities, hours, miles, etc. They do not affect the general ledger or financial reports directly. However, they can be used in conjunction with financial data to create more comprehensive reports and analyses. For example, you can use statistical accounts to track the quantity of items sold and then compare this with the revenue generated to calculate the average revenue per item. Statistical entries can show as negative values in reports even if they are entered as positive amounts. This is the default behavior in NetSuite. If you want them to display as positive, you may need to enter them as negative amounts. In terms of budgeting, statistical accounts can be used to input a budget figure for item quantity. You can then pull through both budget and actuals for the statistical and GL line in reports, and use formulas to calculate ratios such as budget per unit, spend per unit, and the variance. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******