Inventory Item Costing

Course Objective

Does your company manage and cost inventory items? If so, this course is key to your company’s success.

Inventory Item Costing introduces you to the essential concepts of NetSuite inventory items and item costing methods, and then teaches you the critical skills needed to track the total value of your assets, so you can calculate your profits more accurately.

By the end of this course, you will know how the NetSuite costing engine works with various costing methods and inventory item types. You will also be able to explain the similarities and differences between items, assemblies, kits and groups, and how average, group average, standard, LIFO, FIFO, Lot, and Serialised costing works with each inventory item type.

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• Are responsible for the setup, configuration, and maintenance of inventory item costing methods in NetSuite

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• Set up items with key attributes?
• Track the value of inventory items using various costing methods?
• Explain how the NetSuite costing engine works?
• Troubleshoot common costing user errors?

Duration: 1 day
Price: $800 USD

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