Author: Praiselyn Fiana D

To activate a subscription, you must first activate all its subscription line items. After all subscription line items are activated, the Activate button appears. After you activate each line item, an activation change order activates the subscription. To activate a subscription: Go to Transactions > Subscriptions > Create Subscriptions > List. For the subscription you want… Continue reading Activating a Subscription

The change order record is used to transact changes to subscriptions. For example, a change order is required to activate a drafted subscription. To edit an active subscription or its components, use a change order. There are specific change orders for each subscription record type. Change orders change a subscription’s or line item’s status. For… Continue reading Subscription Change Order

Bulk Process: Billing Operation Billing Operations provide automation tools for billing managers and account receivables professionals. You can access Billing Operations as an administrator two different ways: Transactions > Billing > Process Billing Operations Transactions > Billing > Schedule Billing Operations To create a new bill run: Go to Billing > Billing Operations > Process Billing… Continue reading Billing of subscription

An Assembly Build GL Impact shows a debit to COGS. This looks unusual since the usual debit in an assembly build is an inventory account. Debit Assembly Item Asset Account COGS Credit Assembly Item Inventory Asset Member Item Inventory Asset Solution This happens when an Assembly Unbuild is back-dated. The COGS is recorded as a… Continue reading Debit to cost of goods sold in assembly build.

Asset Depreciation History records are created after importing fixed asset and one depreciation history record. Scenario: Sometimes Asset Depreciation Histories are not generated whenever Precompute Depreciation Values button is clicked. Solution Navigate to Fixed Assets > Lists > Assets  Fixed Asset: Click EditNote: Select the Asset experiencing the issue. Click General Depreciation Active: Select False Click Save Click Edit Click General Depreciation Active: Select True Click Save Navigate to Fixed Asset > Setup > System Setup Click Precompute… Continue reading Issues with Precompute Depreciation Values button

Sometimes we may have to delete the imported FAM history due to some inevitable errors. To do the same, follow the below mentioned procedure. To mass delete the imported FAM Depreciation History for a fixed asset, a Saved FAM Depreciation History Search should be created first. Go to Lists > Search > Saved Searches > New. Click FAM Depreciation History. On the Criteria tab, Add Asset.… Continue reading Deleting Imported FAM Depreciation History

Contract renewal is the process through which the initial term of a contract expires, and the parties agree – either actively, or passively, through automatic renewal – to ‘renew’ the term of the contract so that the arrangement continues, and the contract remains enforceable for the new period. With Contract Renewals, when you create an initial… Continue reading Contracts and Renewals

The Software Vertical Contract Renewals SuiteApp is designed to account for additional items that are added to a contract during the contract term. The contract upsell is used to add new contract items to an existing contract. By creating a sales order and associating it with an existing contract, new contract items are created on… Continue reading Contract Upsell

Scenario: Create a custom field- Completion Date in the Subscription line level. This field should be seen in each line of the subscription. Solution Create a Custom Field Navigate to Customization > Lists, Records, & Fields > Other Record Field > New Label: Enter Label : Completion Date Record Type: Select Subscription Line Type: Select Date/Time Store Value: Enter Checkmark Enter Help under the Display subtab Click Save Customize Subscription Record Navigate to Transactions > Subscriptions > Create Subscriptions > List… Continue reading Adding custom field in Subscription Line.

Price Plan and Price Book are necessary to add price to the subscription items. To import a price book, first we need to import Price plan. Prior to that subscription plan needs to be imported. To prepare price plan CSV data for import, make sure that your CSV file includes the following fields. They are… Continue reading Price Plan and Price Book Import