When you mark a vendor as a project resource in NetSuite, you enable them to be assigned to projects and tasks. This feature is particularly useful for subcontracted work. Here’s where you can select a vendor marked as a project resource:
- Project Records: On the Resource tab, you can choose the vendor from the Name dropdown.
- Project Tasks: In the Assignee subtab, the vendor can be assigned in the Resource column.
- Create Projects from Sales Orders: When creating projects from sales orders, the vendor can be selected from the Manager dropdown.
To set a vendor as a resource:
1. Go to Lists > Relationships > Vendors.
2. Click Edit next to the vendor you want to mark as a resource.
3. Click the Financial subtab.
4. Under Project Information, check the Project Resource box.
5.In the Work Calendar field, select a work calendar
6. In the Labor Cost field, enter the hourly overhead labor cost rate for this vendor.
7. In the Hourly Rate field, enter the hourly price which is paid by the customer. This rate calculates project costs and profitability.
Note: After a resource has been assigned to a project, if you clear the Project Resource box, the resource is still available to be assigned if you use the Display All Resources for Project Task Assignment preference when creating your project in NetSuite.