While many individuals working on a project have a good understanding of fundamental project management concepts like scope, timelines, updates, and budgets, there are several unspoken subtleties to consider when working with new clients/teams on a brand new implementation project.
In a previous blog (https://blog.concentrus.com/charge-rule-overview) we walked through a high overview of NetSuite’s Project Charge Rules. In this article, we will dive a little deeper into more complex Time-Based rules.
If you are a service based or project based business, NetSuite provides flexibility in how to track charges and invoice customers. Besides standard invoicing functionality (simple unit times price per unit), NetSuite provides a project based billing called Charge Rules.