How to report scrap by operation that includes material and labor cost

AI generated answer (using internal Slack threads):

To report scrap by operation that includes material and labor cost in NetSuite, you can follow these steps: 1. Record Component Scrap: In NetSuite's Advanced Manufacturing, you can record component scrap and have it hit a scrap account in the financials. However, it's important to note that you can only post scrap of the completed assembly. 2. Handle Labor Cost Adjustments: If there's a change in the labor cost per unit for an outsourced assembled item, you can handle this in two ways: - If the orders are in the open period, update them and change the cost from the original cost to the new cost. - If the orders are not in the open period, do an inventory adjustment to take out the assembly with the original cost and units, and in the next line do a positive adjustment with the new cost and the same number of units. Alternatively, you can use an inventory worksheet for this adjustment. 3. Add Scrap Quantity to a Saved Search: To add Scrap Quantity to a saved search from a Work Order (WO) record, you can use the GL account used for scrap in the saved search. When you expose the account column, one should be for your default scrap account with a quantity and amount. That is your scrap quantity. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******