Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
We’re excited to announce that the 2025 Community Recap is now available! This special recap highlights the amazing contributions and achievements of our members over the year and celebrates the collective success of our community.
Check your personalized recap to see the impact you made in 2025 and how your efforts helped shape our community’s growth and success.
View Your 2025 Community Recap
Thank you to everyone for your passion, collaboration, and support. Here’s to building an even stronger community together in the year ahead!
Season’s greetings to you and yours! As we head into the holidays (December 24 – January 4), we want to take a moment to celebrate the incredible strength and collaboration within our community. Even during the break, you can continue to benefit from connecting with peers, searching related threads, posting your questions, and marking helpful replies as “Accepted” in the Support Community.
Please note our dedicated team will be on reduced coverage during this time, and regular responsiveness will resume on January 5. Wishing you a joyful and restful holiday season!
-The NetSuite Support Community Team
STANDARD COSTING WEBINAR | Questions and Answers
Here are the list of the questions sent in about the topic and their corresponding answers.
Questions by NetSuite Support Community Members before the session:
User_H1S6J: What is the recommended organizational structure for maintaining standard cost in NetSuite? Adding new items in NetSuite is typically done by users in innovation or purchasing not cost accountants, but the standard cost requirements make that difficult. Who is supposed to be responsible for each step in the process?”
Establishing of standard costs is typically a combined effort of accountants, purchasing managers and production managers but setting up of these standard costs in NetSuite are usually done by cost accountants since they are the ones responsible for analyzing the variances incurred during production and developing templates for standard rates used in production.