What is the recommended action during a go-live for accurately reflecting inventory?

Disable ads (and more) with a premium pass for a one time $4.99 payment

Prepare for the NetSuite ERP Consultant Exam with our engaging quiz. Test your knowledge with multiple choice questions, complete with hints and explanations. Get ready to ace your exam!

The recommended action during a go-live for accurately reflecting inventory is to assign Quantity On Hand at the time of creating Item records. This approach ensures that the inventory levels are accurately represented in the system right from the start. Assigning Quantity On Hand during the setup of Item records allows the organization to establish a clear baseline of inventory data, which is crucial for tracking stock levels and managing operations effectively.

Setting the Quantity On Hand at this stage eliminates the risk of discrepancies that can arise from entering data after the system has gone live. It provides a stable starting point for both internal and external reporting. Furthermore, it facilitates better planning and forecasting since accurate inventory data is foundational for effective decision-making in supply chain and inventory management.

Other options, such as entering purchase transactions or only inventory adjustments during the go-live, might lead to conflicting data or inaccuracies that can complicate inventory management. Finalizing reporting metrics, while important, does not directly affect the initial data integrity of inventory levels at the moment of going live. Therefore, ensuring that Quantity On Hand is accurately recorded during item creation stands out as the best practice for a successful go-live.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy