A vendor is a person or company that supplies goods or services to a company.

A portlet is essentially a visual plug-in that you can add and arrange on your NetSuite dashboard to highlight certain information. It gives you a snapshot of your business, and the plethora of portlet options allow you to tailor your view. The Personalize Dashboard panel displays the content that you can add to your dashboard on tabs for Standard Content, Report Snapshots, and Trend Graphs. The portlets that you are currently using appear on the Currently Used tab.

By using ‘Pricing Group’, as per customer based prices are displayed in sales transactions. For example customer is a wholesaler. And sell the all items at wholesale price. In sales transactions price levels mentioning for each added item at line level record it’s take more time. But we have an option In NetSuite. That is ‘Pricing Group’. By using this ‘Pricing Group’ in sales transactions prices are displayed as per customer-specific dynamically when add the item in sales transaction.

‘Quantity Pricing’ is one of the most profitable way for a company or an organization to sell more quantity items to one customer. When gives discount on item as per quantity based to attract the customer for purchase more quantity items. For example, a single ‘T-Shirt’ cost is $20, but 3 ‘T-Shirts’ costs is $45.  In this scenario customer maximum attracted to purchase ‘3 T-Shirts’

If the inventory is not immediately available in the destination location, a Transfer Order should be used in order to reflect the value of the goods as of available or ‘on hand.’ The transfer order contains all the information required to execute the physical transfer of materials into the warehouse. NetSuite to manage items in multiple locations, chances are you’ve been required to transfer stock from one location to another as part of your standard inventory management procedures.