What is the best way to track manufactured product...
# general
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What is the best way to track manufactured products in NetSuite if there is no assembly feature? Manufactured products are treated as Inventory Items and the costing method is FIFO. Here's what I can think of right now: 1. Create Inventory Adjustments for the consumption of raw materials. Adjustment Account is a suspense account. 2. Once the manufactured products are completed, create another Inventory Adjustment for the manufactured inventory. The cost is the total of the Inventory Adjustments that tracked the raw materials consumption + no. 3 below. 3. For the other costs such as indirect materials, direct labor and overhead, these will be recorded as debit to the same Suspense account. The other costs associated with each manufactured product will be included in no. 2. Another problem is that is that the records are not linked. I'm thinking of creating the following custom fields for the Inventory Adjustment: 1. List to store the manufactured product 2. Batch Number 3. List to store whether the adjustment is for raw materials consumption or manufactured products I will use then these information to create a custom sublist on the Inventory Adjustments (for manufactured products) to associate the related inventory adjustment for raw materials consumption. Is there a more creative way to achieve this? Thank you. P.S. Assembly feature isn't an option.