Discussions
It’s that time of the year again! As we embrace the holiday cheer, we want to share an important announcement regarding our holiday schedule. Our dedicated team of NetSuite Support Gurus will be taking a short break to recharge during the holidays, from December 24, 2024, to January 1, 2025. We’ll be back in full swing, ready to assist you on January 2nd. During the break, feel free to explore the wealth of NetSuite resources on our platform.
As we celebrate the season's joys, we are incredibly grateful for your ongoing support and engagement. Have a fantastic holiday break, and let's gear up for an incredible 2025!
Here are some examples to get your creative juices flowing.
"Did I pay vendor John Doe last month?"
"Take me to my largest sales order for this month."
"What invoices haven't been paid yet?"
Revenue Arrangements for Projects Unable to Complete
Hi all!
I have a situation where the customer is querying why their Project Revenue Arrangements are not able to be Completed.
They use As Charged Revenue Rules and Time-Based Billing Rules. Combined this means that there is no initial source amount for the Revenue Arrangement unless we use project task assignments to create forecast charges. Then, the Revenue Arrangement is generated using the amount of the forecast charges. This never matches actual charges on the project by the time it is closed out.
For example, using project task assignments forecast charges valuing $4000 are generated for the project. The RA is generated with an amount of $4000 and $4000 in forecast revenue plans. Work is done on the project and by the time it is closed and marked as completely billed, $5000 in project charges and actual revenue plans is created and recognized.