NetSuite Tutorial: Item Configuration for Advanced Revenue Management | Order Management

When you use Advanced Revenue Management, by default, revenue arrangements are created based on the configuration you specify on the item record. If you use the Rule-Based Recognition Treatment feature, other values may supersede some of your item configuration values if the conditions of a recognition treatment rule are met. For details, see Rule-Based Recognition Treatment.

You can configure Advanced Revenue Management for the following item types:

Assembly including serialized and lot numbered

Download item

Kit/package

Inventory including serialized and lot numbered

Non-Inventory for sale or resale

Other charge for sale or resale

Service for sale or resale

Any item configuration changes you make do not affect revenue elements that were created before the change.

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We help companies reduce the risk of bad Netsuite implementations by taking them through an initiation phase, prior to implementation.

During Phase 1 we configure the desired environment in our master configuration workbook.

During Phase 2 we set up a demo account for you, using the master config file from phase 1.

Once you are happy with the demo, you can pay for your Netsuite licenses and start the implementation.

This approach optimizes your Netsuite licensing cost, and removes performance pressure during the implementation phase, which usually leads to a better implementation.