Available Cost Estimate Types for Each Item Type

When you enable the Gross Profit feature, one or more cost estimate types become available for each item type. NetSuite automatically assigns one of the cost estimate types as the default on item records.

All cost estimate types are not available for all types of items. The following table lists item types, with their available and default cost estimate types.

Note:

Items for purchase that are part of kits or assemblies must use the Purchase Price cost estimate type.

Item Type

Available Cost Estimate Types

Non-Inventory Item (for sale)

Item Defined Cost (default)

Non-Inventory Item (for resale)

Last Purchase Price (default)

Purchase Price

Preferred Vendor Rate

Purchase Order Rate

Item Defined Cost

Download Item

Item Defined Cost (default)

Gift Certificate Item

Item Defined Cost (default)

Service Item (for sale)

Item Defined Cost (default)

Service Item (for resale)

Last Purchase Price (default)

Purchase Price

Preferred Vendor Rate

Purchase Order Rate

Item Defined Cost

Other Charge (for sale)

Item Defined Cost (default)

Other Charge (for resale)

Last Purchase Price (default)

Purchase Price

Preferred Vendor Rate

Purchase Order Rate

Item Defined Cost

Assembly Item

Average Cost (default)

Last Purchase Price

Purchase Price

Preferred Vendor Rate

Purchase Order Rate

Item Defined Cost

Kit

Derived From Member Items (default)

Item Defined Cost

Inventory Item

Average Cost (default)

Item Defined Cost

Last Purchase Price

Preferred Vendor Rate

Purchase Order Rate

Purchase Price

For descriptions of cost estimate types, see Cost Estimate Type Descriptions.

For information about Items and their attributes, see Creating Item Records.

Related Topics

General Notices