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Intelligent Payment Automation, powered by BILL (aka Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
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Is it best practice to use delivery rev rec rule for usage based items?
Hi, Gurus! :)
I have an ARM question related to usage-based items and best practices.
Example:
I sell cloud storage & charge based on usage.
I sell 100 GB of available storage.
Contract is for 1 year, and the client uses 5 GB in month 1, and 15 GB in month 2.
Question:
Is it best practice to have this as a "deliverable" item & create an SO for 100 units?
Potential setup:
Rev rec rule will be a "delivery" rule based on quantity.
Rev rec start and end dates will event dates.
Revenue arrangement will be created when I update arrangements.
Plans will be created upon delivery.
In month 1, I would "deliver" 5 units, which would trigger revenue plan.
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