RE: AFA Sku Cost Accounting

I can really use some NetSuite sku + cost accounting experts brain: a company sells custom garments to sports teams. When their customer (a sports team) orders, say, T-shirts, they will order 40 T shirts with same color and different sizes, then this company has an art team to design the pattern for the custom orders. Then the company orders raw/blank shirts from vendor#1 to be sent to vendor#2. The company will then order print service from vendor#2, then vendor#2 will ship directly to the end customer. Drop ship all the way. Right now customer’s order item and raw blank item are the same item, matrix inventory item, and print service is just a for purchase other charge item. So the problem is that their item cost of goods sold is only partially captured (since print service is a separate item). Can use the manufacture way to make each child matrix item an assembly item and create work order from sales order, but there are so many items from one order and so many work orders created…

April Wu Rookie Asked on February 20, 2020 in Best Practices.
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1 Answers

I’ve recently configured and setup this type of accounting. What you are looking for is the Landed Cost feature. With that all setup you can easily track the full costs on a PO as they are accumulated from beginning to end and NS takes care of the details for you.

Beginner Answered on February 20, 2020.

Thank you Brad – I will look into it – can I ask if the landed cost is something you can track with a PO and its own bill kind of thing, because would still prefer to create PO with the print vendor and send them a PO print out.

on February 20, 2020.

Yeah you should be able to do that as well no problem if I understand you correctly. You can add Landed Cost items to the PO after the PO is billed to the customer.

on February 21, 2020.
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