Subscription Item Line Location Sources in NetSuite 2023.2

Subscription item line location sources updated in NetSuite 2023.2 for invoice processing.

·2 min read·From NetSuite Release Notes PDF

Starting in NetSuite 2023.2, a significant enhancement has been made to how location sourcing works during billing operations for subscription items. Previously, when invoices were generated in bulk, the line-level location was exclusively derived from the location tied to the employee handling the billing. This meant that companies with multiple locations or complex billing setups may not have accurately reflected the intended source of goods and services directly in their invoices.

What's New

In this release, NetSuite allows for greater flexibility by introducing the capability to choose the invoice line location not just from the employee’s record, but also from the lines specified within the subscription record itself. This adjustment can have a substantial impact on how organizations manage and process their billing, especially in environments where multiple locations are involved.

Benefits of this New Feature

  • Accuracy: Invoice line locations will more accurately represent where services or products originated from, thereby improving inventory management and reporting.
  • Flexibility: Billing operations can adapt to different subscription strategies without manual intervention, reducing errors and saving time.
  • Operational Efficiency: Streamlined processes mean quicker turnaround on invoicing and better customer communication regarding billing queries.

Implementation Considerations

While this enhancement is aimed at improving efficiency, administrators should consider the following:

  • Ensure that subscription records are updated and accurately reflect the relevant locations.
  • Review existing workflows to determine if adjustments are necessary to accommodate this new line sourcing ability.
  • Test the new process in a sandbox environment to identify any integration issues with existing configurations.

Who This Affects

This update primarily affects:

  • Administrators who configure billing processes and subscription records.
  • Developers implementing workflows or custom scripts involving billing and subscription management.
  • Accountants responsible for managing invoice accuracy and compliance with revenue recognition rules.

Key Takeaways

  • Enhanced Location Sourcing: Invoice line locations can now be sourced from subscription records.
  • Improved Process Accuracy: Reduces reliance on employee location records, ensuring better accuracy for invoicing.
  • Time-Saving: Minimizes manual adjustments and speeds up billing cycles.
  • Adjust Workflows: Administrators should evaluate existing workflows to maximize the benefits of this new feature.
Source: Subscription Item Line Location Sources NetSuite Release Notes PDF. This article was generated from official Oracle documentation and enriched with additional context and best practices.