Netsuite's Billing Schedule

Hi,

Pre Required: enable Suite Billing

Billing schedule is part of Advance Billing functionality, using this feature a bill can be paid over range of time or based on contract terms. Example: an invoice can be paid 40% initially and then every month 5% of bill amount.
Using billing schedule , you can define schedules in different way like some initial amount and then frequency or based on percentage etc.
You can apply billing schedule to entire sales order or you can define it for each lines also.You can also apply billing schedule on item record so that it can populate on sales order's lines from item record.

thanks
Netsuite Guru