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Reconciling Inventory/Goods Received Not Billed account – ARTWEB 02

Reconciling Inventory/Goods Received Not Billed account Webinar

Reconciling the Goods Received Not Invoiced Account has long been a challenge for businesses busily receiving inventory or services with:

  • Purchase order lines delivered in part or in full

  • Vendor bills that may or may not match the PO or the Delivery

  • Price variations between the PO and the Bill

AVT has documented a process that greatly aids in managing the reconciliation of this critical business account so that variations can be identified quickly and action is taken to ensure that inventory is properly valued or non-inventory purchases expensed.

This Webinar includes Exciting Features:

  • Demonstrate AVT’s recommended leading practice for the processing of Item Receipts, Vendor Bills

  • How to review and ensure that the account is properly reconciling using:

    1. AVT’s custom Saved Search

    2. AVT’s custom Transaction Reports

  • Take away the stress and mystery that is often involved in running  the “Post Vendor Bill Variances”

The solution provides tools to help manage the Goods Received Not Invoiced Account by tracking the relevant transactions: Purchase Orders, Receipts, Bills and Journals.

AVT is confident that Procurement and Accounts Payable staff will gain great value from this FREE webinar.

Presented by Absolute Vision Technologies NetSuite Senior Consultant, Ross Leahy on January 22, 2020.


AVT Training Courses enquires email: training@abvt.com.au

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  • Overall, the NetSuite Inventory Management Course has provided a useful guide on the operation and maintenance of the Inventory Management functions within Netsuite. After the training, participants are able to implement plans and policies to optimise the performance of Warehousing and Inventory assets. The layouts between Uniden’s current ERP system, which is Baan, and Netsuite are vastly different. However the underlying concept remains the same, all management elements are included. Users have the freedom to customize the settings on Netsuite to suit their needs.

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  • The advantage of having classroom-type training is providing the opportunity to focus on the training materials without interruptions which is somewhat difficult when in the office doing the online training. Keeping it as a 1 on 1 or a couple of people in the course allowed it to follow at the trainees’ pace and still covering all course material, also the assignments were relevant to the material.

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  • The AVT NetSuite Inventory Management Training Course provided is easy to follow, questions are welcomed and discussed. The instructor delivered additional and useful information.

    Jin Lin
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  • The finance training course provided the overall functionality of Netsuite. Our trainer, Ross also shares his knowledge and insight of best practice, and explain each question thoroughly with patience.

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