Activity-based costing (ABC) solves this problem. However, this method doesn’t consider that the production of some products may not necessarily be related to some activities. This approach calculates the full amount of manufacturing overhead costs and spreads it evenly across the volume of all products. Traditionally, manufacturers used the absorption cost method of allocating costs. You'll find other people sharing experiences about common issues so you can get There's also a community for NetSuite ERP where you can raise your queries and issues. I like that it's a cloud product, so work is done on the front end rather than the back end. The solution is pretty easy to use and navigate, and it's more of a lightweight software. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. It has many industry-standard reports focused on finance and inventory. You can also customize dashboards in NetSuite ERP.Īnother feature I found valuable in the solution is good reporting. You can set up shortcuts within the applications for frequently used reports or navigation. NetSuite ERP vs JD Edwards EnterpriseOneĪs NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface.NetSuite ERP vs Oracle E-Business Suite.
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