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• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
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Copy Inventory items
As many know you cannot change a GL account for an inventory period (due to closed period)...looking into this in other posts, they all say you need to create a new inventory item with the new GL account, and inactivate the old..
none of the posts say how this copying affects the average cost..
say we have an inventory item that has an average cost of $5 that took into account hundreds of transactions..if a new good was received at $10...it might calculate the average cost to $5.25 (no impact)
but if we create a new inventory item and give it a standard cost of $5 and we add a new receipt at $10, the calculated average cost would be $7.50 (huge impact)
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