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Average Cost Issue: Partial Work Order Completion Causing Incorrect COGS on Period Close
Hi Everyone, I am facing a costing issue in NetSuite Manufacturing while using Average Costing and would appreciate your guidance. Scenario: Work Order created for 5 quantity Work Order Issue done for all 5 qty on 29-Jan-2026 Work Order Completion done for 2 qty on 30-Jan-2026 A Sales Order and Item Fulfillment was created…
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TOSSWARE
Greetings, We are operating in a NetSuite environment using the Average Costing method, and all our items are lot-numbered assemblies. I’m trying to find out whether it’s possible to configure a picking strategy in NetSuite that follows FIFO logic, automatically suggesting the oldest available lot numbers first during the…
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How does NetSuite calculate Average Costing process?
Hi there, I am seeking clarity over how NetSuite calculates the average costing for inventory. It states that it calculates over a "specific date range" but cannot find anywhere what this date range used is. Thanks for any help on this issue