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!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
NetSuite 2025.2 Release Notes - This document summarizes the changes to NetSuite between 2025.2 and the previous release.
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
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!
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!
Unbilled Receivable - Reclassification Entry - Advanced Revenue Recognition
Hello:
I have an advanced revenue recognition question. It may not be an easy one to figure out but at least I wanted to see if anyone has every come across a unique situation like this one.
So, when revenue is recognized, a deferred revenue is debited and revenue is credited.
DR=Deferred Revenue, UR=Unbilled Receivable.
Dr. DR
Cr. Revenue
Then, if there is no billing, NS does a reclass entry, to move the deferred revenue balance to zero. It debits Unbilled Receivable, and credits Deferred Revenue.
Dr. UR
Cr. DR
Then, next month, NS reverses the UR entry above (a)
0