Utilizing Bookings to Create Revenue Forecasts for Non-Standard (Non-Hours Based) Percent Complete Forecasts in NetSuite OpenAir
OpenAir allows for various forecasting methods based on a variety of Revenue Recognition rules. The out of the box standard rules account for the vast majority of forecasting needs. These…
Read MoreHow to Enable Multiple Billing Contacts
First, you will need to have a switch enabled; Switch name: “Enable selecting if a contact can be a Primary Billing Contact/Billing Contact 3/Billing Contact 2”. When the switch is…
Read MoreIn One Click Toggle Between a Project-first and Resource-first View of Bookings in OpenAir
The OpenAir Resource Booking Planner is a powerful tool that lets you create and modify resource bookings in a user-friendly and dynamic interface. One of the most useful features of…
Read MoreApply Phase Filtering In Time Billing Rules in OpenAir
NetSuite OpenAir has the ability to apply task filters to time and expense billing rules. This can be problematic if you wish to bill all tasks within a phase, and…
Read MoreTwo Controls For Booking Types In OpenAir
Did you know there are 2 controls for booking types used? Booking types are a way to identify categories of work scheduled for resources. Typical values include Committed/Hard, Tentative/Soft, Internal,…
Read MoreHow Billing Rule Caps Can Affect Charge Projections
The Charge Projections feature in OpenAir is a very customizable feature that can often lead to confusion amongst clients. For example, when running reports to see forecasted revenue based on…
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