Creating Subscription Plans with Subscription Billing Enhanced UI

When you create a subscription plan, you specify the items, such as recurring services, usage, and one-time charges, to include in the subscription.

Note:

Creating subscription plans with the Subscription Billing Enhanced UI SuiteApp is the same as creating them using the Time-Based Pricing feature without the SuiteApp.

To create a subscription plan:

1. Go to Lists > Subscriptions > Subscription Plans > New.

2. In the Subscription Plan Name field, enter a name.

3. From the Initial Term list, do one of the following tasks:

   • Select a term. Options include the following:

     • Evergreen Term – Revenue ends after three years unless you set optional invoicing preferences to automatically extend revenue recognition.

     • Standard Term – The subscription–level end date defines the end date for all of the items. This results in the alignment of end dates. NetSuite calculates the end date as the subscription start date plus the indicated subscription term. One-time subscription lines are the exception, because they are only active for one day.

     • Custom Term – You must set the subscription-level end date at the subscription level. This date defines the end date for all of the items, resulting in the alignment of end dates. One-time subscription lines are the exception, because they are only active for one day. The subscription-level end date for a custom term remains editable until any subscription line becomes active.

   • Create a new term by clicking the plus icon.

4. Specify values for the Class, Department, and Location fields, if needed.

   Note:

   Subscription Billing Enhanced UI SuiteApp also lets you define or modify the class, department, and location for subscription lines. For more information, see Class, Department, and Location Fields on Subscription Lines.

5. On the Lines subtab, do the following for each item you want to add:

   1. In the Item column, select an item. If the item list does not include an item you need for this subscription plan, see Creating Items for Subscription Plans with Subscription Billing Enhanced UI.

   2. In the Required column:

      • Check the box if you want the subscription to always include this item.

      • Clear the box if you want the customer to be able to include or exclude the item as an option at the time of sale.

   3. In the Type column, select one of the following:

      • One Time – Items that incur a single charge, such as a setup or initialization fee.

      • Recurring – Items that incur charges throughout the subscription, such as recurring service.

      • Usage – Items that incur charges based upon how much or how often the customer uses them, such as minutes or data.

   4. In the Billing Mode column, select one of the following:

      • In Advance – Payment is due at the beginning of the charge period (for example, the first day of the month).

      • In Arrears – Payment is due at the end of the charge period (for example, the last day of the month).

   5. If required, for recurring items, check or clear the Prorate Start Date and Prorate End Date boxes. For details, see Proration Options.

   6. In the Include in Renewal Subscription column, click the down arrow to display the available renewal options and select a different option if desired.

   7. Click Add.

6. Repeat step 4 until you have added all items to the subscription plan.

7. Complete any necessary additional fields, and then click Save.

When you save the subscription plan, NetSuite opens the Price Books subtab. After creating a subscription plan, the next task is to create a price book by creating a price plan for each item. With the Subscription Billing Enhanced UI SuiteApp, you can create price books and price plans for your subscription plans using an enhanced time-based pricing UI. For more information, see Managing Price Books and Price Plans with Subscription Billing Enhanced UI.

General Notices