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.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Tracking Deferred Revenue Items as Used
Our NetSuite was originally set up to track items that we buy a license for each item. NetSuite tracks how many we purchased, how many we have used, and when we need to re-order.
We have recently started to allow users to buy in bulk. But this creates issues in our license tracking.
1) The item fees are considered deferred revenue until they are used. ie a customer buys 10,000 in bulk, but only uses 1,000 a month. We can count 1,000 a month as revenue.
2) We don't want to take the licenses out of inventory until they are used.
3) We need an item to enter the bulk purchase.
0