does building an assembly increase their average c...
# ask-stanley-ai
h
does building an assembly increase their average cost?
c
AI generated answer (using internal Slack threads):
Based on the conversations, it appears that building an assembly does have an impact on the average cost. When an assembly is built, the cost is derived from the underlying component costs. This cost is then used in the General Ledger (GL) when the assembly is built. For example, if you have two components with different costs, the average cost of these components is used in the GL when the assembly is built. In one of the conversations, a user mentioned that if they have a part for $1 from one vendor and $2 from another vendor, and they buy 500 from each vendor, when they build the assembly, it will use $1.5 in the GL for cost. This suggests that the average cost is influenced by the assembly build. However, it's important to note that the cost can be influenced by the costing method set on the assembly. In NetSuite, you can set different costing methods such as Average Costing, LIFO, FIFO, etc. The costing method can influence how the cost is calculated when the assembly is built. Also, it's worth mentioning that if you use the same item across multiple subsidiaries, once the Assembly has been built and the Standard Cost components were consumed into the specific cost of that assembly then any component cost revaluations will not get reflected in the Assemblies. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.821315169
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.80991739
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.806782603
Please provide your feedback on this answer.