NetSuite - ERP Certification "In Progress"
50 ✔️ Max number of qty pricing columns
marginal rates ✔️ Applying discounts to items based on qty on a scale
Customer record ✔️ Overrides pricing defaults on item record
Inventory Adjustment worksheet ✔️ Form to reset/override inventory
counts
Inventory Adjustment ✔️ Form to update inventory counts
Inventory Adjustment Worksheet ✔️ Best Inventory Adjustment process
for beginning balances
advanced inventory ✔️ Module required for matrix items
Item group ✔️ An item type that when selected lists all components, price
= sum of components, components can be updated
kit/package ✔️ An item type that appears as one line on the sales order,
pricing is independent of components, components are set
Assembly ✔️ An item type that is used to make up another item, pricing is
independent of components
Advanced Inventory Management ✔️ Reorder points are based on
historical data, assumes constant demand
Demand planning ✔️ Reorder points are based on historical data +
formula, allows for peaks/seasonal demand
service item ✔️ Type of item used to track time
Average costing ✔️ Weighted average for inventory costing
LIFO ✔️ Assumes oldest inventory price for costing
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