In NetSuite, Billable Group Items are a type of item used to group multiple items together and bill them as a single entity, particularly useful in service-oriented businesses or complex sales processes. They simplify transactions by aggregating related items and their pricing.
Key Features of a Billable Group Item:
- Bundling:
- Allows combining multiple items (inventory, non-inventory, service, or other item types) into a single billable unit.
- The individual items remain visible and tracked in the transaction but are grouped for billing purposes.
- Flexible Pricing:
- You can define the pricing for the group at the overall level or use the sum of the prices of its individual components.
- Transparency:
- While the group is presented as a single item for billing, the components of the group are displayed in the transaction for clarity.
- Usage:
- Often used in industries where several items or services are always sold together, like software implementation services (consultation, training, setup fees), maintenance packages, or hardware kits.
- Transactions:
- Appears on sales orders, invoices, or estimates as a grouped item.
- Makes it easier to manage and track bundled sales without creating a completely new inventory item.