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 Question of the Week! You only have until tomorrow, October 23, 2025, 2PM 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

NSC | Updating Item Costing Method

edited Jul 25, 2025 12:54PM in Accounting / ERP

Scenario:

The user wants to change the costing method (e.g., from Average to FIFO, or to Standard) on an existing inventory item record but is unsure whether this can be done directly.

Solution:

Once a costing method is set on an inventory item record, the system does not allow it to be changed. This is a system limitation designed to maintain costing consistency and data integrity for historical transactions.

Workaround

If you need to switch the costing method for an item, here’s the recommended manual approach:

  1. Adjust Inventory to Zero:
    • Go to Transactions > Inventory > Adjust Inventory.
    • Create an inventory adjustment to

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 4 (Oct-Dec 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders