New to NetSuite | SuiteBilling 106: Subscription Plans

After exploring the following topics:

• SuiteBilling 101 | Overview
• SuiteBilling 102 | Prerequisites
• SuiteBilling 103 | Features
• SuiteBilling 104 | Related Records
• SuiteBilling 105 | Billing Accounts

Let’s now move on to the next step in the SuiteBilling process flow which is creating the Subscription Plan.

A Subscription Plan in NetSuite is a template typically used by software or service companies to offer bundled services or products. This includes all items that can be sold as part of a subscription. The subscription plan includes price book information and renewal information.

Below are the key fields that you can find in a Subscription Plan:

Initial Term – In this field, you can select the default period for which the service is set to initially last. This is applicable to all Subscription Item Types except