Discussions
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Can NetSuite handle internal financing???
We sometimes self finance customer orders over several months. We are trying to figure out the best way to recognize the revenue for these sales upfront and not when the receivable is collected as NetSuite wants to do.
Right now we bill a sales order for the customer payments and have to do various journals to get the revenue to show correctly. For us the revenue should be posted in full at the time of the sale. The receivable may be collected over various time periods.
We have looked at the Rev Rec module, but that seems to be tied to the receivable as well. Rather than invoicing or collecting a sum and recognizing it over time, we want to recognize it now and invoice it over time...