How to Implement Statement Charges

Some companies provide services/goods to customers but they can’t send the bill/invoice  to customer after item fulfillment/service provided time. They will generate a statement at the month end. At the time of statement generation total provided items/services cost is list down in ‘Generate Statement’ page.  After statement/bill generation send it to customer through email/fax.

Statement Charges Process Flow:

Eligible items to create ‘Statement Charges’ in NetSuite:

• Lot Numbered.
• Serialized.
• Non Inventory.
      For Resale
      For Sale.
• Other Charge.
      For Resale
      For Sale.
• Service.
      For Resale
      For Sale.
• Discount.
• Markup

Create Statement Charges:

Navigation: Transaction > Sales > Create Statement Charges.

Create statement charges at the time of goods/services provide.

Generate Statement Charges:

Navigation: Transaction > Customers > Generate Statement Charges.

Generate Statement Charges at the month end.

Print Statement Charges: We have ‘Print’ option at statement generation page for print statement charge. Below pic is an example of ‘Statement Charge’.

Statement Charges Payment:  At the payment record statement charges are appear under invoices tab.