i want to create inventory aging report show the a...
# ask-stanley-ai
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i want to create inventory aging report show the age of inventory on hand quantity age
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AI generated answer (using internal Slack threads):
****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** To create an inventory aging report that shows the age of inventory on hand quantity age, you can use NetSuite's Saved Search feature. This feature allows you to create custom reports based on your specific needs. Here are the general steps to create an inventory aging report: 1. Navigate to Reports > Saved Searches > All Saved Searches > New. 2. Select the record type you want to search. In this case, it would be 'Inventory'. 3. Define your criteria. This is where you specify what data you want to include in your report. For an inventory aging report, you might want to include criteria such as 'Item', 'Quantity on Hand', 'Date Created', etc. 4. Define your results. This is where you specify what data you want to display in your report. For an inventory aging report, you might want to display results such as 'Item', 'Quantity on Hand', 'Age of Inventory', etc. 5. Save your search. Please note that the above steps are a general guide and the specific criteria and results you need to define will depend on your specific requirements. Also, it's important to note that an inventory aging report typically categorizes items based on their age (age distribution of current stock based on time intervals, like every month for the past two years), while an inventory valuation report provides a snapshot of quantity and cost at specific points in time. If you need to generate the report using the FIFO method, it is possible but might require more complex criteria and results definitions in the Saved Search. Remember, the beauty of NetSuite's Saved Search feature is that it allows you to create custom reports that go beyond the capabilities of out-of-the-box reports.
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
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