Create Items for Subscription Plans in SuiteBilling

🚨 Problem: Need to create items for subscription plans in NetSuite? 🚨

This tutorial will walk you through the steps of creating items essential for your subscription plans in NetSuite, ensuring you have everything set up for effective subscription management. 📦✨

Step-by-Step Guide 📋

1. Introduction to Subscription Items

• Before creating a subscription plan, you need to create item records for the products and services included in your subscriptions. These items may include recurring services, usage, commit plus overage, and one-time charges. 🛠️

2. Navigate to Create New Item

• In NetSuite, go to Lists > Accounting > Items > New. 🔍

3. Select Item Type

• Choose the appropriate Item Type. Subscription items must be either:
  • Non-Inventory Item: Click on For Sale or For Resale.
  • Service Item: Click on For Sale or For Resale.

4. Enter Item Details

• In the top left Item Name/Number field, enter a descriptive name (e.g., “My First Item”). ✏️
• Optionally define additional fields such as Class, Department, or Location for better organization and reporting.
• (Note: If not activated yet, consider enabling these options in future tutorials.)

5. Configure Tax Schedule

• Navigate to the Accounting subtab.
• From the Tax Schedule List, select the appropriate Tax Schedule.
• You can also create a new tax schedule by clicking the Open arrow.

6. Set Preferences

• Go to the Preferences subtab.
• Here you will see a box labeled Fulfilled/Received.
  • For non-inventory items, this box is checked by default; it must be cleared.
  • For service items, this box is unchecked by default.

7. Save Your Item

• Once you’ve completed all necessary fields and configurations, click on Save. ✅
• Congratulations! You’ve successfully created an item for your subscription plan.

Congratulations! 🎊By following these steps, you’ve successfully created items for subscriptions in SuiteBilling! 💰📈

If you found this tutorial helpful, please subscribe to this channel for more tips and tutorials. Visit www.KOLLENO.com for more tools to enhance your accounting processes! 🎥✨