Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Don't miss out on our Pop Quiz You only have until November 7, 2025, 2:00PM ET to comment your answers and earn rewards! Click here for more details.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
Transfer Price for Intercompany Transfer Order
Q: What amount should I use for my ‘transfer price’?
If we want our transfer price to be the same as its purchase price, we should always use the ‘average cost’ for the corresponding inventory item in our source warehouse (From Location).
As such, when this order is being fulfilled, no gain/loss will be recognized.
However, when i checked my GL impact, I noticed that this is not always the case:
For example:
| Account | Debit | Credit | Subsidiary |
| Intransit | $7 | Source Subsidiary | |
| Asset | $5 | Source Subsidiary | |
| Gain/Loss | $2 | Source Subsidiary |
Is my assumption about using the 'average cost' incorrect?
This would not be a problem if we could use Item Cost as Transfer Cost.
0