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NetSuite launches new wholesale distributions solution in Japan in January 2026!
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
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NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
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NetSuite 2026.1 Release Notes - This document summarizes the changes to NetSuite between 2026.1 and the previous release.
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Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
FIFO Calculation in Netsuite
Hi All,
We have tested item using FIFO costing method.
I have set up in accounting preference> item inventory for FIFO
In Inventory Item using FIFO method.
I am using dummy data/ amount.
1st Inventory Balance
01/01.2026 quantity: 1000 and unit price 500,000 = 500,000,000
Inventory In
10/01/2026 quantity 300 and unit price 550,000 = 165,000,000
then Inventory out
12/01/2026 quantity 500 means -500 took the first price e.g 500,000
on 12/01/2026 inventory out -550 means
500 * 500,000 = 250,000,000
50*550,000 = 27,500,000
Total = 277,500,000
but why in the report: inventory valuation shown 282,500,000 ?
Did i do the wrong calculation ?
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