Inventory Costing Transactions

Note:

Please contact your sales or account representative to find out how to get the Full Multi-Book Accounting feature. The assistance of NetSuite Professional Services or a Multi-Book authorized partner is required to implement this feature. You should consider contacting NetSuite Professional Services or a Multi-Book authorized partner for assistance in setting up the Adjustment-Only Books feature, even though it is not required.

Important:

Multi-Book Accounting, including the Adjustment-Only Books feature, is available only in NetSuite OneWorld.

Inventory costing transactions are all book-generic. They either have no currency fields or use the subsidiary base currency. Inventory costing transactions that include currency fields include an Accounting Books subtab so that the exchange rate can be adjusted as necessary.

Only the following three inventory costing transactions include currency:

• Inventory Adjustment

• Inventory Revaluation

• Inventory Worksheet

Related Topics:

Foreign Currency Revaluation in Multi-Book Accounting

Revaluation of Invoice with Open Payment and Historical Transaction Processing

Intercompany Transaction Management

Bank Transfers in Multi-Book Accounting

Base Currency Only Transactions

Foreign Currency Management

General Notices