Manually Renewing a Subscription in NetSuite

🚨 Need to Manually Renew a Subscription in NetSuite? 🚨

This guide will walk you through the process of manually renewing a subscription in NetSuite.

Step-by-Step Guide 📋

1. Navigate to Subscription List
   • Go to:
     • Transactions > Subscriptions > Create Subscriptions > List.
   • Select View for the subscription you want to renew.🗂️
2. Choose Renewal Action
   • Click Actions and then select Renew.🔄
3. Select Renewal Term and Method
   • On the renewal page:
     • Choose a Default Renewal Term from the list.📅
     • Choose the Method:
       • Create New Subscription to generate a new record.
       • Extend Existing Subscription to update the current subscription.
     • If using Extend Existing Subscription, refer to the Uplift Pricing section for additional steps.
4. Configure the Subscription Details
   • Define the Default Renewal Subscription Plan.🛠️
   • Choose the Price Book (you can keep the existing one).
   • Select Do Not Create Sales Transactions to prevent linking the renewal to any sales record (optional).
5. Set Up Uplift Pricing (if enabled)
   • If Uplift Pricing is enabled and you’re extending an existing subscription:
     • Define the Percentage Renewal Uplift for subscription lines.📈
     • NetSuite will automatically apply these price increases.
6. Save the Renewal
   • Once all renewal details are filled in, click Save.💾

Congratulations! 🎊 You’ve successfully manually renewed a subscription in NetSuite! 🌟🎉

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