Hi All,
We have billing schedule in sales order item line wise. Our each item line represents each year contract item and we enter the start and end date in each line for revenue recognition and billing period. But in Netsuite billing schedule is not started with the line level start date. The next bill date is calculated based on the body level start date or Date field. This gives us same billing date for all the contract item lines.
Example: Item line 1 start date= 1/1/2022, end date=12/31/2022.
Item line 2 start date=1/1/2023, end date=12/31/2023.
We want the first line to have bill date start from 1/1/2022 and second line first bill date should be 1/1/2023 only.
Is this possible to achieve using billing schedule? We are not interested to use RECURRENCE FREQUENCY = Custom for billing schedule. We might be using Quarterly, monthly based billing schedule for each line.
Thank you in advance for your reply.
