Project-Based ERP Software Resources

We use Advanced Billing to establish billing schedules which allow you to specify a number a variables for billing purposes. For example, we offer a number of depot service contracts with flexible terms and payment options. We may have a customer that wants an annual contract, billed monthly. We create a Billing Schedule to split the total amount over a period of 12 months and invoice 1/12 on the same date of each month. The advanced rev rec keeps our revenue in line throughout the periods to ensure proper accounting. We have billing schedules created to accommodate monthly, quarterly, semi-annual and annual installment options for terms ranging from a single month to 5 years. The sales order transaction maintains a status of "Pending Billing" through the duration of the billing schedule where each time a bill date arrives, NetSuite automatically creates the monthly invoice and our Email Invoice workflow picks them all up through a day-end process and emails to the customer each night. Completely hands off process ensuring we never miss a scheduled invoice creation or delivery! Hope this helps!

Through our global customer advocacy program, Sage Champions, we connect Sage users with each other to share successes, exchange ideas and discover peer support. We also gather feedback from advocates (existing users) to support prospective users through references. If you would like more details please contact sage.champions@sage.com

In NetSuite, drop-shipping can be managed using the following steps: Set up Vendor Records: Create vendor records for the manufacturers, wholesalers, or other suppliers that you will be using for drop-shipping. Create Drop-ship Items: Set up drop-ship items in your item list by selecting the "Drop-ship" item type and specifying the vendor associated with the item. Create Sales Orders: When creating a sales order, select the drop-ship item and the associated vendor. This will generate a purchase order to the vendor, who will then ship the item directly to the customer. Manage Purchase Orders: Monitor and manage purchase orders created for drop-ship items to ensure that the vendor is fulfilling the order as expected. Process Fulfillment: Once the vendor has shipped the item, update the sales order with the tracking information and mark the item as fulfilled.