Have others had issues with intercompany transfer orders costing causing issues?

AI generated answer (using internal Slack threads):

Based on the conversations, it appears that some users have indeed experienced issues with intercompany transfer orders costing in NetSuite. One user mentioned that when the 'Use Item Cost as Transfer Cost' option is set to false, NetSuite seems to be adjusting the revenue accounts for the source location, which was causing confusion. Another user suggested that checking the 'Use Item Cost as Transfer Cost' box resolved the issue for them. However, it was noted that if you want to use InterCompany transactions, you have to leave it unchecked, which can lead to a Catch-22 situation. Another user reported a similar issue where the 'Use Item Cost as Transfer Cost' field was checked on an intercompany transfer order, but the item was pulling in the transfer price instead of the item cost. The suggested solution was to remove the transfer price. A different user mentioned an issue with a transfer order between two subsidiaries in different countries. The GL impact was hitting Inventory in Transit and Inventory Asset as expected, but also hitting the Intercompany Clearing Account, which was causing issues for their accounting team. The suggested solution was to enable “Use Item Cost as Transfer Cost” to avoid any variance. It was also noted that these two entries should eliminate at the consolidated level but when viewing each individual subsidiary, the balances will be visible. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******