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Best practice for project costing in a modular manufacturing business
I've just started working for a Modular construction business that is experiencing rapid growth. A couple of years ago, they implemented NetSuite (moving from Xero) and its been designed for a small construction business. I'm an accountant with just enough systems knowledge to be dangerous, so I've been told 😉 I've worked…
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How to set up advance budgets by using Work Breakdown Structure?
Hi everyone, does anyone know if it's possible to set up advance budgets by using Work Breakdown Structure and how?
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Work order issue and WBS tracking
Hello, we're implementing NetSuite SRP in the context of a project manufacturing activity. We would like to integrate production costs (work order issue) into the WBS, particularly component consumption based on standard costs. Do you have any feedback or experience on how to approach this? Our initial attempts with…
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Dynamic Adjustment of Labor Cost Per Hour Based on Monthly Days
Hello NetSuite Community, I am looking for insights or suggestions regarding the following issue: Issue: In NetSuite, the labor cost per hour is currently set on the employee master record. However, since our employees receive fixed monthly salaries, we need this labor cost to adjust dynamically based on the number of days…
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How to import Project Budget?
Hi, One of my clients has 3000 projects and wants to add budget for each. Looks like CSV Import is not possible on Project Budget. Is there a way to bring in this data into NetSuite?
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What detemines the values shown on a Project P&L subtab?
We are seeing the actual revenue duplicate on the Project P&L sub tab. It shows as both Equipment and Labor. The top picture shows the view of the Project P&L sub tab and yes the Financial data has been updated. The middle picture shows the Project Profitability with the out of the box NetSuite configuration. The bottom…
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Project Actuals showing too many decimals.
How can we limit to 2 decimals?
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Work Breakdown Structures and Financials tab in a Project
Hi, when you create a WBS and then create a budget from it i have an issue. Quick and easy really like this, but the issue I have is that this information doesn't feed into the estimates fields under the financials sub tab of a project as would do when creating a "budget" the old way Am I doing something wrong, or is the…