New to NetSuite | Order To Cash: Creating a Billing Schedule

The Billing Schedule record enables you to create Schedules that define how the Bill for a transaction is relayed to the Customer. It determines the frequency with which the Customer is billed and the Amount of each bill.

To use the Billing Schedule record, you must enable the Advanced Billing feature, at Setup > Company > Enable Features > Transactions tab > Billing section.

Enable Advanced Billing feature to create Billing Schedules to Invoice Sales over a range of time or a contract term, such as a one-year membership billed monthly. Billing Schedules manage the billing process to track when to Invoice Customers and how much to