SuiteBilling provides users with the capability to create subscriptions, subscription plans, price plans, and price books. These subscriptions can be tailored for services or non-inventory items, with an exception for physical inventory items. SuiteBilling module is mostly utilized among customers operating in the service, software, and licensing industries.
It's important to note that SuiteBilling is not a SuiteApp; rather, it is a paid module available for provisioning onto customer accounts.
A demonstration of a Subscription is Telecommunication Promos, where the Telecom Promo Name, such as ASB999, serves as the Subscription Plan within NetSuite. The Subscription Plan functions as a flexible template or potential bundled offering that companies provide to their customers.
Within this Subscription Plan, Promo Components represent the individual Subscription Items. Examples of these Subscription Items include Unlimited Text and Calls to all networks, and 70GB of Data.
Keep an eye out for upcoming articles where we'll explore SuiteBilling. Follow the New to NetSuite > SuiteBilling category to be updated whenever new articles are released!