Description Item
Navigation: List>Accounting>Item>New>Description Item
Description line items let you place sentence- or paragraph-long descriptions on items you are not selling. For example, you can enter special shipping instructions or a disclaimer.
Description items have no amount field. They are only used to add text to transactions. They can be used on both purchase and sales transactions.
The item name of a description item does not appear on printed forms, only the descriptive text. Nothing appears in the amount column for description items.
When creating a description item in NetSuite, you can give it an item name, such as “Special Instructions”, “Terms and Conditions” or any other label that helps you identify its purpose.
In the description field, you can provide detailed instructions, notes, disclaimers, or any other information you want to include in your transactions.
Discount Item
List>Accounting>Items>Discount Item
You can create discount items to use on sales transactions. When these items are added, discounts are applied to the items being sold. Using discount items lets you track discount amounts without affecting inventory valuation.
You can add discount items as line items.
Note: When using a discount item, be sure that the transaction item and the applied discount item have the same associated tax code. If the transaction item uses a tax code that is different than the tax code for the discount item, errors in tax calculations may occur.
Mark Up Item
List>Accounting>Items>Mark Up Item
Can use markup items to apply an additional charge to an order.
Using markup items lets you track markup amounts without affecting inventory valuation.
Markup applies only to the line item immediately preceding it. The markup can be either a percentage of the total amount for the line or a flat rate.
Example: Delivery Charges: Markup items can be applied to add extra charges for faster shipping options or special delivery services.