Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Best practice: Sales Order and Invoicing for progress payments
Hi,
We are trying to construct the following workflow in Netsuite:
1. Create Sales Order for customer
2. Invoice progress payments:
DR A/R
CR Deferred Revenue
3. Repeat (2) until all progress payments are billed
4. At order fulfillment: Complete Sales Order (through warehouse picking)
5. Bill remainder of Sales Order amount
6. Recognize revenue
Has anyone done a similar workflow? What are best practices for this?
Thank you beforehand.
0