{"id":2020,"date":"2026-05-05T19:30:58","date_gmt":"2026-05-05T19:30:58","guid":{"rendered":"https:\/\/versimarket.com\/blog\/?p=2020"},"modified":"2026-05-05T19:30:58","modified_gmt":"2026-05-05T19:30:58","slug":"an-overview-of-netsuite-suitebilling","status":"publish","type":"post","link":"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/","title":{"rendered":"An Overview of NetSuite SuiteBilling"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#What_is_NetSuite_SuiteBilling\" >What is NetSuite SuiteBilling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#SuiteBilling_Pricing_Models\" >SuiteBilling Pricing Models<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Flat_Model\" >Flat Model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Volume_Model\" >Volume Model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Tiered_Model\" >Tiered Model<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#SuiteBilling_Rating_Models\" >SuiteBilling Rating Models<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Billing_Accounts\" >Billing Accounts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Change_Orders\" >Change Orders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/versimarket.com\/blog\/an-overview-of-netsuite-suitebilling\/#Revenue_Recognition\" >Revenue Recognition<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_NetSuite_SuiteBilling\"><\/span><strong>What is NetSuite SuiteBilling?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The traditional NetSuite pricing structure addresses the essentials of associating a base price along with subsequent quantities and online pricing to items; however, it falls short in managing high volumes of billing and subscription tasks with specific start and end dates for clients. This introduces us to the Add-On Module of SuiteBilling, which not only focuses on varied pricing but also enhances visibility into flexible billing schedules and automated invoicing, offering real-time insights into billing and financial operations. Consequently, SuiteBilling serves as a fundamental billing framework for subscription-driven enterprises, where pricing and billing operate in conjunction with actual customer consumption in a measured manner!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SuiteBilling_Pricing_Models\"><\/span><strong>SuiteBilling Pricing Models<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SuiteBilling offers a predefined collection of Pricing Models supported by the system:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Flat_Model\"><\/span><strong>Flat Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bill customers the same amount during each billing cycle.<\/p>\n<p>Example: Consistent monthly charges for using editing software, regardless of other parameters involved.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Volume_Model\"><\/span><strong>Volume Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Determined by consumption and quantity related to the transaction, this can also be referred to as quantity-based pricing. This approach is often employed to boost sales over time.<\/p>\n<p>Example: Spotify charging $99 for a month but offering $799 for the full year, nudging customers to select a 12-month subscription over monthly renewal, thereby improving monthly sales figures.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tiered_Model\"><\/span><strong>Tiered Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In this model, the rate for each unit of consumption or entitlement tier is applied within a specified range. The final total rate consists of varying per-unit rates to calculate the end amount.<\/p>\n<p>Example: Electricity billing based on usage units where the price per unit is regulated by set boundaries. Internet Data Packs providing access based on levels of data usage.<\/p>\n<p><strong>In addition to the diverse pricing options available, SuiteBilling offers these added benefits that enhance its appeal:<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"SuiteBilling_Rating_Models\"><\/span><strong>SuiteBilling Rating Models<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SuiteBilling not only features pricing models but also presents an option for the Rating Model. Users can decide whether billing subscriptions are one-time charges, recurring fees, or billed either in advance or in arrears. This combination of straightforward subscription setup and management, along with flexible rating models, greatly improves the efficiency of the billing process.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Billing_Accounts\"><\/span><strong>Billing Accounts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SuiteBilling supports multiple billing accounts for a single customer along with sub-customers.<\/p>\n<p>For instance, a customer owning franchises may need the license fees billed to the parent company whilst service fees are directed to sub-customers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Change_Orders\"><\/span><strong>Change Orders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SuiteBilling facilitates the scheduling and automation of subscription changes, allowing you to avoid manually tracking customer subscription modifications. Any adjustments to prices and\/or quantities can be executed immediately or scheduled for a future date utilizing a change order.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Revenue_Recognition\"><\/span><strong>Revenue Recognition<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SuiteBilling integrates with NetSuite\u2019s Advanced Revenue Management, eliminating the need for separate software to tackle this complex accounting area, ensuring compliance with revenue recognition standards. Thus, SuiteBilling stands out as a dedicated subscription billing solution focused on customer invoicing and billing, ensuring tailored pricing and discounts that lead to real-time financial reporting of billing and financial information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is NetSuite SuiteBilling? The traditional NetSuite pricing structure addresses the essentials of associating a base price along with subsequent quantities and online pricing to items; however, it falls short in managing high volumes of billing and subscription tasks with specific start and end dates for clients. This introduces us to the Add-On Module of SuiteBilling, which not only focuses on varied pricing but also enhances visibility into flexible billing schedules and automated invoicing, offering real-time insights into billing and financial operations. Consequently, SuiteBilling serves as a fundamental billing framework for subscription-driven enterprises, where pricing and billing operate in conjunction with actual customer consumption in a measured manner! SuiteBilling Pricing Models SuiteBilling offers a predefined collection of Pricing Models supported by the system: Flat Model Bill customers the same amount during each billing cycle. Example: Consistent monthly charges for using editing software, regardless of other parameters involved. Volume Model Determined by consumption and quantity related to the transaction, this can also be referred to as quantity-based pricing. This approach is often employed to boost sales over time. Example: Spotify charging $99 for a month but offering $799 for the full year, nudging customers to select a 12-month subscription over monthly renewal, thereby improving monthly sales figures. Tiered Model In this model, the rate for each unit of consumption or entitlement tier is applied within a specified range. The final total rate consists of varying per-unit rates to calculate the end amount. Example: Electricity billing based on usage units where the price per unit is regulated by set boundaries. Internet Data Packs providing access based on levels of data usage. In addition to the diverse pricing options available, SuiteBilling offers these added benefits that enhance its appeal: SuiteBilling Rating Models SuiteBilling not only features pricing models but also presents an option for the Rating Model. Users can decide whether billing subscriptions are one-time charges, recurring fees, or billed either in advance or in arrears. This combination of straightforward subscription setup and management, along with flexible rating models, greatly improves the efficiency of the billing process. Billing Accounts SuiteBilling supports multiple billing accounts for a single customer along with sub-customers. For instance, a customer owning franchises may need the license fees billed to the parent company whilst service fees are directed to sub-customers. Change Orders SuiteBilling facilitates the scheduling and automation of subscription changes, allowing you to avoid manually tracking customer subscription modifications. Any adjustments to prices and\/or quantities can be executed immediately or scheduled for a future date utilizing a change order. Revenue Recognition SuiteBilling integrates with NetSuite\u2019s Advanced Revenue Management, eliminating the need for separate software to tackle this complex accounting area, ensuring compliance with revenue recognition standards. Thus, SuiteBilling stands out as a dedicated subscription billing solution focused on customer invoicing and billing, ensuring tailored pricing and discounts that lead to real-time financial reporting of billing and financial information.<\/p>\n","protected":false},"author":9,"featured_media":2029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"q:1_question":"","q:1_answer":"","q:2_question":"","q:2_answer":"","q:3_question":"","q:3_answer":"","q:4_question":"","q:4_answer":"","q:5_question":"","q:5_answer":"","q:6_question":"","q:6_answer":"","q:7_question":"","q:7_answer":"","q:8_question":"","q:8_answer":"","q:9_question":"","q:9_answer":"","q:10_question":"","q:10_answer":"","source_url":"https:\/\/odecloud.com\/a-guide-to-netsuite-suitebilling\/","footnotes":""},"categories":[23],"tags":[],"class_list":["post-2020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-netsuite"],"acf":[],"_links":{"self":[{"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/posts\/2020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/comments?post=2020"}],"version-history":[{"count":1,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/posts\/2020\/revisions"}],"predecessor-version":[{"id":2030,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/posts\/2020\/revisions\/2030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/media\/2029"}],"wp:attachment":[{"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/media?parent=2020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/categories?post=2020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/versimarket.com\/blog\/wp-json\/wp\/v2\/tags?post=2020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}