inventory accounting
4 Articles
NetSuite Return Authorization Process: Credit or Refund?
A 2026 guide to the NetSuite return authorization process, connecting approval, receipt, restock or write-off, credit memos, cash refunds, inventory costing, integration controls, and reconciliation.
October 4, 2026• 28 min read
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Inventory Write-Down Reversal: GAAP vs IFRS Explained
Learn why inventory write-down reversals are allowed under IFRS (IAS 2) but prohibited under US GAAP (ASC 330). Understand the financial reporting impacts.
June 10, 2026• 23 min read
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ASC 330 vs IFRS: Inventory Write-Down Reversals Explained
Examine the accounting divergence between US GAAP (ASC 330) and IFRS (IAS 2) regarding inventory write-down reversals when values recover. Read the analysis.
May 7, 2026• 19 min read
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NetSuite 2026.1 Consignment Inventory Accounting & Setup
Examine vendor consignment inventory in NetSuite 2026.1. This guide details setup steps, IFRS 15 and ASC 606 accounting rules, and core financial impacts.
April 15, 2026• 26 min read
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