-
Inventory cost template application
We assigned an Inventory Cost Template (using a cost category of type Landed Cost and an Other Charge item with Overhead = % of Material) only to the Melbourne location on an assembly item. When receiving a PO into Melbourne, the additional cost is applied as expected. However, when we create a Transfer Order FROM…
-
Part BOM and Costing Issue
I have an assembly part that is not rolling up correctly and it is causing a huge Production Quantity Variance. Pic 1 shows labor in the manufacturing Routing Tab. It should appear on the (Pic 3) Costed bill of Material Unquiry under Conversion cost. Because it does not, I had to go into the Item location configuration…
-
Standard Cost for a 150% bill of material
We have a BOM that contains all variants of a product. Based on the product configured, work order gets created for a subset of parts (items) from the common 150% BOM. Generating the work order is a custom process. Every product we build will show production variances either the cost or the quantity. Most of the variances…
-
Clarification on ‘Preparing Planned Standard Cost Rollup’ Workflow Change & Revert Option
Hi NetSuite Community, We’ve noticed a change in the Planned Standard Cost Rollup workflow in our 2025.x account. Previously, after submitting a rollup, the system redirected immediately to the Process Status screen, showing real-time progress before moving to the next step (Revalue Standard Cost Inventory). Currently, an…
-
How to Change Costing Method Standard Costing to FIFO for Large Number of Existing Items/ Assembly
Hi All, We need to switch a large number of inventory and assembly items (around 11,000) from Standard Costing to FIFO in NetSuite. Since most of these items already have historical transactions, I know the costing method can’t be changed directly. What’s the recommended approach to handle this? Is a bulk process (CSV…
-
Standard Costing GL Impact at Work Order Completion – Variance Handling for Labor
Details: We’re using Advanced Manufacturing with WIP and Routing and Standard Costing enabled. For a purchased inventory item, we have Material and Landed cost categories. Upon PO receipt, the GL impact behaves as expected: Dr. Raw Materials Inventory (Material amount) Cr. Accrued Purchases Dr. Raw Materials Inventory…
-
[Standard Costing] Can't find "Cost Accounting Status" Field in Analytic Workbook
Hi Gurus, I am trying to pull the "Cost Accounting Status" field in a Workbook type with "Item Location Configuration", but could not find this field. I noticed this field seems like only available in Saved Search under "Item" Search, is my understanding correct? Which means NetSuite Analytic Workbook at the moment cannot…
-
STANDARD COST IMPORT SETUP
Context: The client is using a Standard Cost for both the Assembly and Inventory (its components). The count of Assembly is around 1k, the count of Inventory (RM) is around 3k. Concern: I need to perform Inventory Adjustments to the newly imported Assembly and Inventory (RM); however, upon saving Inventory Adjustment…
-
How to show Std Cost and Cost Version sublist on item record?
We can see this in demo account, but on Sandbox account, we don't see it. Please help me how I can show Std Cost View and Cost Version View
-
Unit Type for Inventory Cost Revaluation
When uploading an inventory cost revaluation transaction, should the cost uploaded always be based on the Primary Base Unit? For Example: Unit Type = "Weight" Weight Base Unit = 1 Ton (2,000 lbs) — Assembly Item Primary Unit Type = "Weight" — Assembly Item is stocked, purchased, and sold in a 100lb bag. Should the…