Discussions
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
NSC | Is It Possible to Get Average Cost for All Locations?
Scenario:
The user wants to know if there's a way to view or calculate the average cost of an item across all locations in NetSuite—particularly useful for reporting or understanding consolidated inventory value.
Solution:
The Average Cost is location-specific by design. This means the system calculates and tracks the average cost independently per location, based on the transactions (e.g., purchases, adjustments, transfers) that occur in each one.
There is no native field that shows the overall or consolidated average cost of an item across all locations.
This is currently an enhancement request logged on Enhancement # 339686.
You can go to
Niks Blando-Oracle | Ask A Guru?️
Learn how to Refer A Member|Earn the Answer Accepter Badge|Be the Content Creator of the Quarter|Vote for the content you want to see!
Expand your NetSuite knowledge by joining this month'sAsk A Guru Live about Advanced Accounting.RSVPon this event now!