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.
Standard Costing: Field Label Change from "Item Standard Cost" to "Item Default Cost"
This notice applies to customers who are using Standard Costing in your NetSuite account. When your account is upgraded to 2024.1, there will be a label change.
What is Changing?
The label "Item Standard Cost" is being changed to "Item Default Cost" on the Item Record to avoid confusion with the label "Item Standard Cost", as the field value is not the item's financial standard cost. Within Standard Costing, where the same field is primarily consumed, it is referred to as "Item Default Cost".
Required Actions
There are no required actions by the Administrator for this update. Note that we will not be renaming these fields on any custom forms. We will only be changing the field label on these non-customizable and/or default forms:
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
In case you know someone who is new to NetSuite, we encourage you to direct them to our newly launched "New to NetSuite" page. This page is specifically designed to offer them information and guidance and help them make the most out of their NetSuite journey. Click here for more details.