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How to calculate average expenditure with raw material suppliers for R&D in NetSuite

How to calculate average expenditure with raw material suppliers for R&D in NetSuite

Netsuite

Miranda F, Finance Executive

What is the average expenditure with raw material suppliers for R&D between year N1 and N2?

This is a common request in finance and operations. NetSuite can answer it, but only if you know how to set up the right saved search. Here’s how to do it step by step, why it’s complex, and how AskPiston provides the same answer instantly.

NetSuite method

You need a transaction saved search.

1. Create a new search

  • Go to Reports > Saved Searches > New > Transaction

2. Add filters (criteria tab)

  • Type → Vendor Bill (or Purchase Order if you want commitments)

  • Vendor: Category → Raw Material Suppliers

  • Department or Class → R&D

  • Date → between N1 and N2

3. Add results (columns tab)

  • Amount → Summary type: Sum (total spend)

  • Period (Month/Year) → Summary type: Group

4. Calculate average

  • Add Amount again → Summary type: Average (transaction-level average)

  • For average per period, group totals by fiscal period and calculate manually, often in Excel

5. Save as Avg Expenditure Raw Materials R&D

Why this is complicated in NetSuite

Vendors must be properly categorized as raw material suppliers
R&D must be consistently tagged in transactions
Average in NetSuite is per transaction, not per fiscal year
Teams often export to Excel for correct yearly averages

A question that should take 30 seconds usually takes 20–30 minutes, even for experts.

The AskPiston alternative

With AskPiston you don’t need saved searches, filters, or exports.

You simply ask:

“What is the average expenditure with raw material suppliers for R&D between 2020 and 2024?”

AskPiston instantly returns:
The correct average spend
A year by year chart
A list of suppliers included in the calculation

Time to answer: less than 5 seconds.
Saved Search

NetSuite

5 to 10 filters, summary fields, grouping

20 to 30 minutes to answer

High risk of error (transaction vs period confusion)

Accessible by ERP experts only

AI-assistant

AskPiston

Just ask in English

Less than 5 seconds to answer

Low risk of error (standardized)

Accessible Anyone in the company

AI-assistant

AskPiston

Just ask in English

Less than 5 seconds to answer

Low risk of error (standardized)

Accessible Anyone in the company

AI-assistant

AskPiston

Just ask in English

Less than 5 seconds to answer

Low risk of error (standardized)

Accessible Anyone in the company

Conclusion

If you need to calculate average expenditure with raw material suppliers for R&D in NetSuite, the saved search method works but it is time consuming, complex, and error prone.

With AskPiston, you get the answer instantly in natural language, with graphs and supplier details.

FAQs

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