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!
Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
Upcoming Changes to Percent Complete Revenue Rule
NetSuite is enhancing percent complete revenue rules to include a temporary preference for recognizing revenue at the time of work. This change will enable you to recognize revenue for projects during the same period as the work occurs.
This notice is intended for customers that may be impacted by this change, which is targeted for NetSuite 2020.1.
Why is NetSuite Making this Change?
Currently, NetSuite recognizes revenue in the period an event is submitted in the system. This can create issues when an event occurs in one accounting period but is submitted into the system in a different period.
What is Changing?
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
Expand your NetSuite knowledge by joining this month'sAsk A Guru Live about Supply Chain Management.RSVPon thiseventnow!
In case you know someone who is new to NetSuite, we encourage you to direct them to our newly launched "New to NetSuite" page. This page is specifically designed to offer them information and guidance and help them make the most out of their NetSuite journey. Click here for more details.