NetSuite Changelog
Order ManagementRelease NotesNew FeatureBilling

Creating Subscriptions without Plans in NetSuite 2024.2

NetSuite 2024.2 introduces new subscription features, allowing creation without a base plan and enhanced metrics for better management.

·2 min read·NetSuite 2024.2·From NetSuite Release Notes PDF

Starting in NetSuite 2024.2, users can create subscriptions without the need for a subscription plan or price book. This update streamlines the subscription creation process, enabling the addition of custom subscription lines more efficiently.

What's New

Streamlined Subscription Creation

  • No Requirement for Subscription Plan: Previously, a subscription plan was mandatory for creating a subscription. Now, users can create subscriptions directly using add-on subscription lines, making it easier to tailor subscriptions to customer needs.

Email Alerts for Changes

  • New Email Preference: In saved searches for subscriptions, users can enable a new preference called "Send Email Alerts When Records Are Created / Updated." This feature ensures that users receive timely notifications when a subscription, subscription line, or subscription change order is created or modified, enhancing communication regarding subscription management.

Enhanced Subscription Metrics

  • Total Contract Value Metrics: A new summary section on the subscription page now displays vital metrics, including:
    • Total Contract Value
    • Pending Total Contract Value
    • Total Active Contract Value per Service Type These metrics are not only visible on the user interface but are also searchable and accessible via scripting, providing greater flexibility in revenue reporting.

Improved Invoice Clarity

  • Detailed Pricing on Invoices: To promote transparency, the invoices generated for subscriptions will now include detailed breakdowns of charges. The quantity to amount breakdowns can be included in PDF documents, allowing end customers to better understand their charges.

Who This Affects

  • Administrators who manage subscription settings and configurations.
  • Developers utilizing scripting for subscription metrics.
  • Accountants needing accurate financial reporting on subscriptions.

Key Takeaways

  • Subscriptions can now be created without a subscription plan.
  • New email alerts streamline user notifications for changes in subscriptions.
  • Enhanced metrics on the subscription page aid in detailed revenue tracking.
  • Invoice details are more transparent, improving customer satisfaction.
Source: Creating a Subscription — NetSuite Release Notes PDF. This article was generated from official Oracle documentation and enriched with additional context and best practices.

Was this article helpful?