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.

This course is right for you if you...

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

Key Tasks Taught: How do I...

  • 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

View the Course Data Sheet

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CPE credits

CPE credits are available for NetSuite courses.
Check out our CPE list for details.