What is an example of a custom calculation you can achieve in saved searches?

Achieve success in the NetSuite SuiteAnalytics Exam with a comprehensive test review. Equip yourself with essential terminology and quiz formats to excel.

Calculating the margin on a sale is a prime example of a custom calculation achievable in saved searches. In the context of SuiteAnalytics, margin calculation can involve using formulas that subtract costs from sales revenue to determine profitability. Users can create a calculated field within the saved search that dynamically computes the margin based on the fields available in the records being analyzed, such as sale amount and cost amount.

This capability is particularly useful for businesses looking to analyze sales performance and profitability on a granular level. By tailoring saved searches to compute margin, users can make informed decisions based on the financial data that reflects the effectiveness of their pricing strategies and cost management.

Other options like calculating sales tax, finding total employee hours, and summarizing monthly expenses, while possible in saved searches, do not encapsulate the more advanced custom calculation aspect that margin analysis represents. These tasks may rely on aggregated data or predefined fields rather than complex formulas that require individual record calculations.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy