Standard Costing in NetSuite - are you happy you t...
# accounting
g
Standard Costing in NetSuite - are you happy you turned it on? We just made a decision to keep with average costs in the system once we realized all the work w/ maintaining standard costing in NS. might revisit this in the future but we are low transaction volume and low SKU count... Edit: we are in med devices / SAAS...
l
Personally, I hate it. Haha. What industry are you in?
🙂 1
p
What ive heard from businesses with standard costing, average works better and provides a better and more realistic overview both for sales, purchase and accounting. even with low transaction amounts. (ps. worked as consultant, so seen many companies with different setups. not just read it on google 😛 )
g
Thanks for writing back (7 months ago)!