Transaction-Related Features

Basic Features

Estimates

Provide estimates to your customers and then convert them into invoices.

Sales Orders

Track customer orders and then convert them into invoices.

Return Authorizations

Use return authorization numbers to track approved returns.

Purchase Orders

Issue purchase orders, receive against those orders and create bills from those receipts.

Vendor Return Authorizations

Use return authorization numbers to track items you return to vendors.

Request for Quote

Send a request to one or more vendors asking them to provide specifics about their pricing, terms and conditions in regard to a purchase contract for a product they sell.

Requisitions

Use Requisition transactions to initiate the purchasing process when an employee or company representative needs something that must be purchased using company funds. The person requesting the purchase (requestor) specifies which items, services or expenses they need a buyer to purchase. Buyers can then use requisitions to create the purchase orders necessary to fulfill the requisition requests.

Purchase Contracts

Allows purchasing managers and buyers to use contracted terms, pricing, and delivery schedules when purchasing materials for a company. For example, instead of having terms and pricing based only on a specific purchase order being placed, buyers can automatically take advantage of quantity-based terms and discounts based on an annual volume of goods or services purchased.

Blanket Purchase Orders

Improve buyer efficiency and accuracy and potentially reduce procurement spending. Blanket purchase orders define a pre-determined price for a set quantity of items you will buy from a vendor during a time period. The blanket purchase order specifies the item, price, quantity, terms and effective time period.

Related SuiteApps

• Advanced Procurement Approvals

• Warranty and Repairs Management

• NetSuite Approvals Workflow

For more information, see the following:

• Using Standard SuiteFlow Workflows (SuiteApps) for Approval Routing

• Warranty and Repairs Management

Sales

Multiple Prices

Set at least four different price levels for each item.

Quantity Pricing

Enable quantity pricing, which lets you automatically apply different sales prices to items that depend on the quantity being sold. This enables you to offer discounts to customers who buy in bulk.

Gross Profit

Enable Gross Profit estimates and track gross profits at the item and transaction level.

(Gross Profit = Sales – Costs)

Gross profit estimates are based on a complex interaction of prices, discounts, costs, and ultimately gross profits at several levels.

Gross profit estimates supply decision-making information to sales teams and executives throughout the sales process, from the opportunity stage early in the sales cycle on through to the issuance of an invoice.

Alternate Sales Amount

Calculate alternate sales amounts on sales orders, estimates, opportunities, and return authorizations.

Alternate sales amounts can be used to calculate commission and sales forecasts and can be used to measure quotas.

Promotion Codes

Create codes that can be used to associate customers and sales with partners and track campaign return on investment.

If you associate a discount item with a promotion code, the code can be used as a coupon code for any item or for specific items that you select when creating the code.

SuitePromotions

Leverage some of NetSuite’s multiple (stacked) promotions capabilities on your SuiteCommerce Advanced Site.

Promotion Codes and Auto-Apply Promotions must also be enabled.

For more information, see Promotions in Commerce Web Stores.

Auto-Apply Promotions

Automatically apply multiple promotions to a transaction. For more information, see Promotions Overview.

Required Deposit Workflow

Require a customer deposit on sales orders. You can specify a percentage or an amount.

Related SuiteApps

• Advanced Promotions

For more information, see Promotions.

Shipping & Receiving

Automatic Location Assignment

Gives your fulfillment manager the configuration tools to automatically set fulfillment locations on sales order lines.

Advanced Shipping

Fulfill and bill your sales orders in separate steps.

Pick, Pack and Ship

Allow greater flexibility to process orders by using separate transactions to pick items from inventory, pack them to be shipped, and then ship the items to the customer.

Fulfillment Request

Use fulfillment requests in your item fulfillment or store pickup fulfillment workflows.

Store Pickup

Give your Fulfillment Manager the configuration tools to allow Store Pickup

Shipping Label Integration

Integrate your UPS or FedEx account with NetSuite, allowing you to receive tracking numbers and print bar code shipping labels.

Advanced Receiving

Receive orders separately from bills.

Multiple Shipping Routes

Enables shipment to several different addresses and use of different shipping methods on the same transaction.

Inbound Shipment Management

Provides tracking and management of incoming shipments.

Billing

Bill Costs to Customers

Purchase goods and services and sell them directly to your customers.

Advanced Billing

Create billing schedules to invoice sales over a range of time or a contract term, such as a one-year membership billed monthly. Billing schedules manage the billing process to track when to invoice customers and how much to bill.

The Advanced Billing feature requires that you also enable the Sales Orders feature.

Charged-based Billing

Enable Charge-Based Billing, so that you can create billable charges for projects. Charges are calculated according to charge rules. These charge rules can be based on fixed dates, project progress, milestones, or on time entries. Enabling this feature adds the Charge-Based billing type for projects and a Create Charges page to your account.

Billing Operations

Create and manage bill runs, bill run schedules, and billing groups. After clicking Save, new menu options are available from the Transactions > Billing menu.

Invoice Groups

Group invoices for your customers, so that you have greater flexibility in meeting your customer's expectations for how and when they receive invoices by combining multiple invoices into one invoice group.

Payment Processing

Credit Card Payments

Accept credit card payments.

Credit Card Soft Descriptors

If you sell products under varying brand or company names, check this box to create a list of the names used and associate those descriptors with the items you sell under each name.

When customers receive credit card statements, the descriptor associated with the item purchased is shown.

Send Purchase Card Data

With the Purchase Card Data module, NetSuite identifies when payments are made with a purchase card so you can take advantage of potential lower card processing fees.

Purchase cards, also called Level II and Level III cards, can bring cost savings to you, the merchant, and to your customers.

When you enter a credit card payment for a customer, NetSuite determines, based on the card's bank identification number (BIN), whether it is a purchase card. It then passes the extended transaction data along with the payment authorization request for processing.

PayPal Integration

Allow customers to pay with PayPal. This enables you to set up PayPal as a payment method. Customers are taken to the PayPal site for checkout, and payment is deposited into your PayPal account.

Payment Instruments

Improve handling of various payment instruments, including payment cards and tokens.

Vendor Payment Instruments

Add and update vendor bank details on the vendor profile.

Payment Link

Create invoices with a link for a straightforward payment from an online checkout. After enabling, configure this feature at Commerce > Payment Link.