Use Case To make sure a Special Work Order is created when a Sales Order is made, the ‘Create WO’ option must be visible on the Sales Order’s item line. If this option is hidden, the Work Order won’t be automatically generated, even if the item is marked as a Special Work Order Item. Solution:… Continue reading Automatic WO Creation
Author: Reshma Joy
Standard Revenue Management Reports | ARM
Standard Revenue management reports: – • Deferred Revenue by Customer or Item Report • Revenue by Customer or Item Report • Billing and Revenue Summary Report • Deferred Revenue Rollforward Report • Deferred Revenue Waterfall • Revenue Recognition Forecast • Deferred Revenue Reclassification Activity Report
Reconcile Deferred Revenue | ARM
The Deferred Revenue Waterfall Summary report reconciles the deferred revenue account balance on the balance sheet and provides a forecast of the expected revenue stream. Run this report after you create revenue recognition and deferred revenue reclassification journal entries for the current period. The Deferred Revenue Waterfall report divides deferred revenue into the following categories:… Continue reading Reconcile Deferred Revenue | ARM
What is Revenue Reclassification GL | ARM
This step should be run after each time you create revenue recognition journal entries. If you run these processes out of the order for some reason, you can go back and run Create Revenue Recognition Journal Entries and then rerun Create Deferred Revenue Reclassification Journal Entries. The reclassification is cumulative. • As part of Period… Continue reading What is Revenue Reclassification GL | ARM
Revenue Management | Terms Used in ARM
Approved Transaction: A revenue source such as a sales order, cash sale, return authorization, credit memo, cash refund, invoice, project, custom event, a subscription (when SuiteBilling is present) or a journal entry. Revenue Arrangement: A non-posting transaction that represents a revenue contract. It contains the details on how revenue is going to be recognized. Revenue… Continue reading Revenue Management | Terms Used in ARM
Employee Directory | SuiteApp
At present, the Employee Directory Suite App exclusively accommodates the English languages spoken in the United States and the United Kingdom. This comprehensive suite empowers users to access and visualize organizational hierarchies and employee information through a graphical representation known as the Org Browser. Users have the flexibility to download this information and seamlessly initiate… Continue reading Employee Directory | SuiteApp
NetSuite | Customer queries
Scenario: Concerns raised about NetSuite by our client.Comments and the feasibility option have been included in response to the reported issue. S. No. Issue Feasibility (Yes/No) Remarks 1 1. Oracle allows PO to be created without linking to PR, indicating lack of configuration to restrict this. Although there is an option for raising PO through… Continue reading NetSuite | Customer queries
Cost of Sales and Sales Revenue | Requirement Analysis
Use case. Please find below details for your reference. I would like to understand the following: Sales Revenue Oct’23 – 220,671.60 and Cost of Sales -382,183.79 As per my understanding, the ledger will be affected only after the sales invoices are approved by the Finance dept. If so, below the Cost of Sales against the… Continue reading Cost of Sales and Sales Revenue | Requirement Analysis
NetSuite UAT Process | Report a Test Case Issue from a Test Case Record | NetSuite Implementation
When there’s failure, you can create a standalone test case issue or create it from a test case record. Thelatter allows you to link the issue directly with the test case record for easy access.Note: NetSuite Implementation Team role is required. Steps 1) Navigate to Implementation > Testing > Test Cases.2) Locate the test case… Continue reading NetSuite UAT Process | Report a Test Case Issue from a Test Case Record | NetSuite Implementation
NetSuite UAT Process | Report a Test Case Issue| NetSuite Implementation
While testing, it is your responsibility to record the outcome of test cases whether the case be successfulor there’s failure. Failures include errors, permission mismatches, and workflow issues. You may also report suggestions that would improve the process such as the need for additionalinformation fields or removing miscellaneous ones, making fields required, renaming custom fields,… Continue reading NetSuite UAT Process | Report a Test Case Issue| NetSuite Implementation