NetSuite Event records can be used to plan our day with timely event with date, start and end time,place as well as information on what the event is, who will be attending, who is invited, etc. Events can be something as simple as a conference call where people join and participate. Or it can be a major meeting, such as a trade show.
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Finance charges are also called as ‘Late Fees’. When customer not pay the invoice amount at a give time then company charge late fees/finance charges on invoices. Finance charges are usually calculated on monthly basis for all transactions.
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Requisition is a transaction generated by various employees of an organisation to request Purchasing department to procure a particular quantity of a material or a service for a particular date.
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Purchase Request is a transaction generated by various employees of an organisation to request Purchasing department to procure a particular quantity of a material or a service for a particular date.
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The Inventory levels to quickly service customer demand while not tying up valuable financial assets can be difficult even when using NetSuite demand and supply planning features.inventory levels aren’t sufficient to immediately satisfy customer demand and then want to make a priority which customers are serviced first.
Topics: ERP, NetSuite, Netsuiteblog