Glossary Flashcards
(258 cards)
1
Q
Account type
A
A category of transactions for a general ledger account. In NetSuite, account types are
Accounts Payable, Accounts Receivable, Bank, Cost of Goods Sold, Credit Card, Equity, Expense, Fixed
Asset, Income, Long Term Liability, Non-posting, Other Current Asset, Other Current Liability, Other
Expense and Other Income.
2
Q
Actions Menu:
A
This is a user interface element in NetSuite. The Actions menu contains a list of ancillary
actions that can be taken on the record. The options in the Actions menu vary depending on record
type.
3
Q
Active configuration:
A
The automatic location assignment configuration currently selected for a
subsidiary. Only one configuration can be active per subsidiary.
4
Q
Activity
A
In NetSuite, activities include CRM-related actions concerning customers, leads or prospects in
the form of phone calls, tasks, events, notes, messages and campaigns.
5
Q
Add to Shortcuts:
A
A link on most NetSuite pages in the More menu. By clicking this link, you can add a
shortcut to that page on your NetSuite Home page. For example, if you work in the sales department
and frequently enter sales orders, add a shortcut to the Enter Sales Orders page.
6
Q
Advanced Order Management:
A
A NetSuite add-on that makes the following two features available:
■ Automatic Location Assignment: Enables you to automate the assignment of fulfillment locations to
sales order lines based on business rules the user sets in a configuration record.
■ Fulfillment Request: Enables you to work with the fulfillment request transaction. The creation of
fulfillment requests can be automated.
7
Q
Advanced Partner Center:
A
Customizable role you can assign to your partners in NetSuite and
NetSuite CRM+. The Advanced Partner Center gives a partner access to their customers, campaigns,
opportunities and sales orders as well as reports pertaining to partners.
8
Q
Advanced promotion:
A
A Promotion created using the Advanced Promotions Bundle. In general,
Advanced Promotions have richer functionality than Standard promotions. There are three type of
Advanced Promotions: Item-based Promotions, Order-Based Promotions and BuyXGetY Promotions.
9
Q
Aging report:
A
In NetSuite, a list of customers and how much money they owe you categorized by aging
periods.
10
Q
Amortization schedule:
A
Records that indicate the posting periods in which expenses should be
amortized and the amount to be recognized in each period. Amortization schedules are generated for
vendor bills and credits containing items or expenses that have associated amortization templates.
11
Q
Amortization template:
A
Records that define how to post expenses when the Amortization feature
is enabled. These templates are used to generate amortization schedules for associated items and
expenses.
12
Q
Asynchronous:
A
In the context of web services, asynchronous refers to the ability to queue up multiple
web services requests and then poll the system at a later time for the results.
13
Q
Audience:
A
In NetSuite, audience refers to the specific users, roles or groups who have access to certain
files or forms. You can also use NetSuite to publish a website or web page to a particular audience.
Choose an audience on the Audience subtab on applicable NetSuite records such as files, folders, and
website pages.
14
Q
Auto-Apply Promotions:
A
A SuitePromotions feature that lets you automatically apply multiple
promotions to a transaction.
15
Q
Automatic location assignment configuration:
A
A collection of automatic location assignment rules
and backorder rules. Automatic location assignment evaluates rules in the configuration in ascending order. Each subsidiary in a company can be assigned one configuration only, known as the active
configuration.
16
Q
Automatic location assignment rule:
A
One or more criteria used by automatic location assignment to
determine the ideal fulfillment location for a sales order line. The criteria in a rule include:
■ Location type
■ Distance from shipping address
■ Option to minimize fulfillment locations
■ Fulfillment strategy
A rule is defined in a configuration, and becomes exclusive to the configuration when added to the list
of rules in the configuration.
17
Q
Automation event
A
A business event used to automate aspects of order management in NetSuite
18
Q
Automation process:
A
Refers to a business process in the Advanced Order Management add-on
that can be automated by NetSuite. Automation processes happen asynchronously. Examples of
automation processes include automatic location assignment (to assign fulfillment locations to sales
order lines based on one or more business rules) and fulfillment request creation (to create fulfillment
request records from sales orders).
19
Q
Available Online box
A
A check box on records when information can be displayed online, such as items
and shipping items. Check this box to publish information or make an item available for purchasing or
viewing online.
20
Q
Average costing
A
A method of costing inventory by dividing the beginning inventory cost plus the cost
of additions to inventory by total units available during the period. This is one method that you can use
to calculate your profit and the value of your remaining inventory. It is also called the weighted average
method.
21
Q
Backorder rule:
A
An automatic location assignment rule that is evaluated by the engine after all other
rules have been evaluated and there are still sales order lines without a location assigned. Backorder
rules do not take inventory levels into account.
22
Q
Balance sheet
A
An itemized statement of what an organization owns and owes at a particular time. The
balance sheet, which lists assets, liabilities and equity, is also referred to as the statement of financial
position.
23
Q
Best Offer
A
A SuitePromotions feature that ensures the promotion or promotions that give the
customer the largest discount on the transaction available are applied to a transaction
24
Q
Billable item:
A
An item your business purchases for a specific customer. In NetSuite, you can track
purchases made for customers and then invoice the cost back to them.
25
Billable time
The amount of time an employee spends working on a job for a specific customer. In
NetSuite, you can track time spent on a job for customers and then invoice the cost back to them.
26
Bins:
Bins identify locations within a warehouse to track exactly where items are stored. Use bins to
receive and fulfill items quickly and accurately, as well as track on-hand stock counts for each bin.
27
Buffer stock
The minimum quantity of stock that must remain available at a location for walk-in
customers. Automatic location assignment does not assign a fulfillment location if doing so causes the
inventory quantity at the location to drop below the buffer stock.
28
COGS:
Cost of Goods Sold. Cost of Goods Sold accounts track costs of goods used by your company.
These costs, incurred for purchasing or manufacturing the merchandise you sell, are used in inventory
costing calculations that affect the difference between gross income and gross profit.
29
CSV:
Comma separated value. A file format you can use for importing and exporting data in and out of
NetSuite.
30
Cache:
A memory space in your computer that holds temporary Internet files. Increasing the space you
set for this folder can increase how fast pages are loaded, but it also decreases the amount of space
available on your computer. NetSuite caches some pages to make load times faster.
31
Campaign:
A series of marketing efforts, such as email, phone, direct mail or printed advertisements,
used to generate leads and revenue. You can set up and manage campaigns in NetSuite or NetSuite
CRM+ when you enable Marketing Automation.
32
Case:
A record created to document a problem, question, or other feedback from a customer. Case
records can be assigned to support reps, who can use the case record to respond to the customer by
email or to document a support phone call. Cases are customer-facing records, whereas issues, are
internal company records.
33
Catalog tab
One of five tabs that appear to customers when they go to your Site Builder web store.
When customers click the Catalog tab, they view web store categories you create and then navigate to
the products and services they want to buy.
34
Category:
A division of customer and vendor records into groups you specify in NetSuite. Categories
help organize records to make it easier to manage your business. Use Accounting Lists to set up
customer, vendor or budget categories. You can use Web Site Categories in a Site Builder web store
to organize products for sale online. To set up categories for Site Builder, go to Lists > Web Site >
Categories.
35
Center:
The set of tabs each role has access to. For example, Administrators work in the Classic Center,
which has the Lists, Transactions, and Reports tabs. Accountants work in the Accounting Center, which
has the Customers, Vendors, Payroll and HR, and Financial tabs.
36
Child items
Typically used in an item matrix, child items are item records that are associated with the
same parent item record.
37
Class:
A way to separate and track records such as financials, transactions and employees. For
example, a janitorial service wants to track household and commercial accounts separately. After they
set up a class for each of these account types, they can track the financial performance of each class
over any period of time.
38
Closest location
A fulfillment strategy in an automatic location assignment rule. The closest location
strategy aims to assign the fulfillment location that is closest (in a straight line) to the shipping address.
39
Commitment:
The state of intent for an item in inventory. An item that is committed is intended to be
used to fulfill an open order. Tracking commitment enables you to determine how much stock on hand
is actually available to be sold. Commitment also helps you track how many to order when item stock is
low
40
Consolidated:
In NetSuite OneWorld, refers to a rollup of multiple subsidiaries' data for a parent
subsidiary, as in reports, quotas and sales forecasts, and exchange rates. Note that in NetSuite,
consolidated payments do not relate to OneWorld, but instead refer to the rollup of subcustomer data
for a parent customer.
41
Cost of goods sold:
The costs incurred for purchasing or manufacturing the merchandise you sell.
These costs represent the difference between gross income and gross profit.
42
Correlation
The percentage of customers that purchased both the items you want to upsell and each
item in your upsell search results.
43
Coupon code
A discount code defined on a promotion
44
Credit card payment
A payment a customer makes using a credit card. In NetSuite, these payments
can take place over the Internet and are entered as a cash sale or customer payment. These payments
have immediate accounting impact on your books, and the proceeds are deposited directly into your
company's bank account.
45
Crosslinks
Crosslinks enable you to navigate between pages centered around the same record type
rather than access these pages through menus. Typically crosslinks appear at the top of record pages.
Common examples of crosslinks are Search and List.
46
Customer:
The person or entity that buys goods from you or your business
47
Custom form:
A form you can modify based on the needs of your business
48
Customer Center
A user-restricted role that has permission to:
■ See current orders, estimates and transaction histories.
■ Enter an order.
■ Make payments on open invoices.
49
Customize menu:
This is a user interface element in NetSuite. The Customize menu is located in the
upper-right corner of all customizable records
50
Daily shipping capacity
Refers to the number of shipping orders that can be assigned to a location in
a one-day period. The daily shipping capacity usually has a direct correlation with the number of orders
that employees at the location are expected to be able to process in a one-day period.
The daily shipping capacity is defined on the location record.
51
Department:
A division or section of your business. Use departments to separate and track records
such as financials, transactions and employees. For example, you can create a department for each
team of employees dedicated to a certain area of business, and then track income and expenses by
each department over any period of time.
52
Deployment:
In the context of Server SuiteScript, a script deployment is a script that has been
associated with specific record types or scheduled to be run. There can be multiple deployments for
each defined script.
53
Disclaimer:
A statement or explanation of your company's policies and terms. You can use a disclaimer
to familiarize your customers with important information about your company. In NetSuite, you can
print a disclaimer on custom forms
54
Discount:
An amount deducted from the usual list price of an item line or order total of a
transaction. Discounts are applied to transactions via promotions.
55
Discount item
An accounting tool used in NetSuite, to track discount amounts without affecting
inventory valuation. It can also specify which account, if any, the promotion should be posted to.
56
Display code:
A field on an item record where you can enter a number, in addition to the item name,
that is used to identify that item. It appears as a column in your items list and in the Item column on
invoices. This field is optional.
57
Display name
A field on an item record where you can enter a name, in addition to the item name,
that is used to identify that item. It appears as a column in your items list and in the Item column on
invoices. This field is optional.
58
Drill down
Click a link in a list, report, or register to view, or edit at a more detailed level. For example,
you can drill down on a check by clicking the date of the check to see when it was written or when it
cleared the bank.
59
Dunning director
A custom role provided by the Dunning Letters SuiteApp. It is based on the standard
Accountant role, with additional permissions to access dunning features.
60
Dunning manager
A custom role provided by the Dunning Letters SuiteApp. It is based on the
standard A/R Clerk role, with additional permissions to access dunning features.
61
Dunning procedure
A record that defines the escalation points or dunning levels, and the time
that must elapse before a dunning letter is sent to a customer. It is a custom record provided by the
Dunning Letters SuiteApp.
62
Dynamic defaults
When working with custom free-form text, text area, rich text or hypertext fields,
you can include NetSuite tags in the default definition. These tags are populated with field values when
the page is loaded or saved.
63
Dynamic group
A group of relationship records created from a saved search. Because the set of
criteria for the group is saved, new records that fit the criteria of the group are automatically added to
the group.
64
Dynamic hyperlink
A hyperlink field that has a dynamic default defined for it. This is useful when
the exact URL is unknown until information is collected for the record or if information specific to the
current logged in session is required as part of a URL parameter.
65
EITF
Emerging Issues Task Force. EITF 08-01 Revenue Recognition is a NetSuite revenue recognition
feature that automates the pricing and revenue allocation processes required to comply with EITF
08-01 accounting rule. This rule requires companies selling products and services with multiple
elements to report both recurring and non-recurring revenue items based on estimated selling prices.
This feature is available as a managed SuiteApp. EITF 08–01 is currently referred to as Accounting
Standards Codification (ASC) 605–25, but the name of the SuiteApp has not changed.
66
Employee Center
A user-restricted role that has permission to:
■ See approved and unapproved expense reports, purchase requests and time reports.
■ Enter expense reports, purchase requests and time.
■ Edit unapproved expense reports and purchase requests.
67
Entity:
Entity records include those records that define people or organizations such as company,
contact, vendor, and employee records.
68
Evaluation order
The sequence in which automatic location assignment evaluates rules in a
configuration. Rules are evaluated in ascending order (from lower to higher numbers).
69
Event:
Time you set apart on your calendar for something such as a meeting, lunch, or another
scheduled task. You can invite other people and reserve resources when you create events.
70
Exclusive promotion
A promotion that cannot be combined with another promotion on the same
transaction.
71
Executive Dashboard
The home page customized with portlets, snapshots, and enhanced snapshots.
The home page can be customized with information specific to each user's preferences
72
Export:
The process of transferring data from NetSuite into another program
73
Facets:
Used exclusively in SuiteCommerce Advanced, facets are item attributes that shoppers can use
to filter their searches for products on your site. Brand, price, and color are examples of facets.
74
Fair value price list
List of the records that define the fair value for items. Fair value price is used to
allocate revenue in revenue arrangements
75
Field sets
In SuiteCommerce Advanced, field sets define the item data exposed to website templates.
Field sets include real-time data from item records in your NetSuite account. A web developer can use
the Item Search API to access the field sets you define. For more information, see the help topic Field
Sets.
76
FIFO:
First in first out. In this inventory costing method, the first goods purchased are assumed to be
the first goods sold so that the ending inventory consists of the most recently purchased goods. This is
one method that you can use in NetSuite for valuing inventory
77
Featured item
An item placed on the Home page of your Site Builder web store to make that item
more visible in your store. You can feature more than one item at a time.
78
Financial statement
A report that summarizes an organization's financial position. Financial
statements include the balance sheet, income statement, and statement of cash flows. In NetSuite financial statements differ from other available financial reports in the following ways: they group
data by financial sections, they store report characteristics in layouts, and they have a specialized
customization interface, the Financial Report Builder.
79
Fixed price promotion
A promotion that offers an item at a fixed price, rather than offering a specific
amount off an item.
80
Foreign trade
Transactions with companies or individuals outside of your country or the tax
jurisdiction of your government. In NetSuite, this setting in the system's tax preferences allows access
to tax codes which apply to these types of transactions.
81
Fulfill in bulk
To process multiple sales orders simultaneously for a single fulfillment location and
mark them as fulfilled. Processing occurs in the background. Sales orders can be fulfilled in bulk by
importing a CSV file or by selecting the sales orders on the Fulfill Orders page.
82
Fulfillment location
A location that prepares and ships an order to a customer. Fulfillment locations
can be of type Warehouse or Store.
83
Fulfillment strategy
The method by which you want NetSuite to assign locations automatically to
sales order lines. For example, the "closest location" strategy assigns the location that is closest to the
shipping address in a straight line.
84
Geographical restriction
```
In an automatic location assignment rule, refers to limiting to a list of
possible fulfillment locations based on distance from the shipping address. Only locations within the
specified radius (expressed in miles or kilometers) of the shipping address are taken into account by
the automatic location assignment engine.
```
85
Geolocation method
The way by which NetSuite calculates the geographical position of a location.
NetSuite can get the position by calculating the center point of the area encompassed by a postal code
or by using the latitude and longitude coordinates entered on the location record.
86
Governance:
Refers to mechanisms in place to monitor and control the use of automated functions,
such as web services calls or the execution of SuiteScript scripts, to optimize NetSuite application and
database servers.
87
Grand total
When customizing a report, this option is available for certain default columns and for
columns added to reports. Checking this option adds a total and subtotal to the column of the report.
88
Greeting:
In the context of your NetSuite web store, the greeting is a message you can display on the
Catalog, Information, My Account and Home pages. This greeting appears in bold at the top of the page
you apply it to.
89
Gross profit
An amount that appears on the income statement and is calculated by subtracting the
cost of goods sold from sales revenue. Gross profit is also called gross margin. NetSuite's Gross Profit
feature allows the estimation of gross profit per transaction using the estimated item costs and any
proposed price discounts.
90
Handler:
The action or process performed by the business events framework in response to a business
event that occurs on a record. For example, when a sales order is approved, the Automatic Location Assignment handler is called and
the process to assign locations automatically is initiated.
91
Highest ranked location:
A fulfillment strategy in an automatic location assignment rule. This strategy
aims to assign the location that is ranked the highest in the region in which the shipping address is
located.
92
Home:
The first page in the NetSuite application. Home is where you arrive when you log in. You can
customize the home page for each role in your NetSuite account.
93
Hosting:
A service that enables you to store HTML and other website files for publishing on the
Internet. The NetSuite file cabinet provides the Web Site Hosting Files folder to host your custom HTML
website pages.
94
Hosting root
NetSuite provides two hosting root folders for your website: Live Hosting Files folder
and Staging Hosting Files folder. Use the hosting root to associate a site with a particular domain. The
hosting root folder is the top level folder in the file cabinet where you can store files for a website.
95
Import:
The process of transferring data from another system into NetSuite
96
Income statement
A financial statement that shows an organization's revenues, expenses, and net
income over a period of time. This report is also called a profit and loss statement or an earnings
statement.
97
Internal ID:
Records and forms in NetSuite each have a unique internal ID. The internal ID is useful
when writing SuiteScript and when referring to custom records and custom fields. Internal IDs are also
useful for understanding the default URL parameters in your web store. You can set a preference to
always view internal IDs for records on lists. To set the preference, go to Home > Set Preferences. On
the General subtab in the Defaults section, check the Show Internal IDs box.
98
Inventory adjustment
A journal entry that credits an asset account for inventory and debits an
expense account for inventory loss because of spoilage, theft, or miscount
99
Inventory minimum
The least amount of inventory a company should carry to meet customer
demand. You can set a reorder point on each item record, and then select inventory level warnings in
the Home page preference. NetSuite will notify you automatically when your inventory reaches the
quantity you entered.
100
Inventory part
In NetSuite, an item you stock and sell. You can track the amount and value you have
on hand
101
Issue:
A record used to document a product problem, or defect that needs to be resolved. This is an
internal-facing record, as opposed to a case, which is a customer-facing record.
102
Items:
Records that track objects you utilize or services you provide in day-to-day business. Items
may be inventory items that you buy and sell, assemblies you manufacture, or services you provide to
customers. They can be electronic files to download or gift certificates that record prepayment. Items
such as discounts or markups can affect pricing on transactions. For information on the many item
record types available in NetSuite, see the help topic Item Types.
103
Item coupon
Coupon code with a discount that is only applied to specific items
104
Item promotion
A promotion that applies discounts to items under the applicable (inventory) item
lines when it is applied to a transaction
105
Item saved search
A group of items predefined in NetSuite that can be applied to a SuitePromotion,
either as what the customer needs to buy, or what the customer will get.
106
Item templates
Templates used to customize the look of an item when customers click the item for
more information in your website. Use tags to create a template that denotes where and how the
image name, price, description, or image are displayed
107
Job
A record of a project you are committed to complete for a customer. Job records track individual
tasks to complete, how much time employees work, associated costs, and the items and materials
required. Also known as a Project record.
108
KPI:
Key Performance Indicators are quantifiable measurements that reflect the critical success factors
of an organization. They help you define and measure progress toward organizational goals. You can
add up to three graphical meters to your dashboard that describe key performance indicator (KPI)
information. For example, you can set up a KPI meter for your Sales indicator. Your meter will show
your date comparisons graphically and flag your threshold values.
109
Landed cost
Item cost that includes expenses related to its purchase, including shipping charges,
insurance, taxes or duty fees, in addition to the item price charged by the vendor. Landed costs are
used for inventory costing to calculate profitability.
110
LIFO:
Last in first out. In this inventory costing method, last goods purchased are assumed to be the
first goods sold so that the ending inventory consists of the first goods purchased. This is one method
that you can use in NetSuite use for valuing inventory.
111
Lead source
A name or code that designates how a lead, prospect, or customer was referred to your
company. If you use the Marketing Automation feature, your list of lead sources consists of the names
of campaigns. If you do not use the Marketing Automation feature, you can create lead sources at
Setup > Sales > Setup Tasks > CRM Lists > New. You can select a lead source on a customer, lead, or
prospect record.
112
Lift:
The degree to which the item's correlation exceeds its overall purchase frequency. Lift is used to
determine the reliability of two items' correlation when using the Upsell Manager. In general, high lift
implies a more reliable correlation.
113
Line promotion:
A promotion that applies discounts to items under the applicable (inventory) item
lines when it is applied to a transaction.
114
Location assignment strategy
The method by which you want NetSuite to assign locations
automatically to sales order lines. For example, the "closest location" strategy assigns the location that
is closest to the shipping address.
115
Location ranking
The ordering of locations in a region, representing the preferred sequence in which
the automatic location assignment engine assigns locations to sales order lines.
116
Location type
The kind of location. Examples of location types include Store and Warehouse
117
Lockout
The status of cases that have been closed for a period of time you define. Locked cases
cannot be edited by customers or support reps and cannot be assigned. Only an Administrator can
reopen a locked case
118
Login access
Access to individuals and companies who need to enter and view information in a
NetSuite account. Each individual can have a different level of access different roles can be assigned on
each individual record
119
Mail merge
Operation allowing one to include information from a NetSuite account in business
correspondence. With NetSuite's Mail Merge feature, you can create personalized email, letters, faxes,
PDF documents, mailing labels, and more.
120
Media item
In NetSuite, a media item can be any kind of file stored in the file cabinet, such as a
document, mp3, or executable application installer. It can be an image on your website or your
company logo. Add media files from your computer, or link to existing ones on the Internet. If you
operate a website or store, you can attach media items to a category, tab, or item record.
121
Memo field
A field where you can enter a description for only that transaction. For example, when
writing a check you can enter a memo at the top of the page to print on the check. At the bottom of
that same page, you can enter a memo on the Expenses tab. Each memo appears with its line item and
on reports related to that item. Click the word Memo on the page you are working on to find the other
places where that particular memo appears.
122
Memorized transaction
A transaction you save to recur in NetSuite. You can choose to have
memorized transactions recur automatically or to remind you before a transaction is due so you can
manually submit it. This can save you time by eliminating the data-entry process and can also serve as
a useful reminder
123
Message field
A field where you can select a personal message to appear on invoices and other forms
you send customers and vendors. A field that appears on the Checkout, Welcome and Catalog pages of
your NetSuite website. Use the store message fields to provide general information to customers who
visit your website.
124
Milestone:
marker that represents the completion of one portion of a project. Tracking the
completion of milestones helps you know how close the project is to completion, enabling you to bill accordingly. In NetSuite, milestone billing requires the Project Management and Advanced Billing
features.
125
Mini One Stop Shop (MOSS)
A feature that supports the Mini One Stop Shop (MOSS) taxation scheme
for the supply of digital services to non-VAT registered customers in the European Union.
126
Minimize fulfillment locations
A fulfillment strategy in an automatic location assignment rule.
Minimize fulfillment locations aims to assign as few locations as possible between all lines in a sales
order.
127
Minimum order amount
Defines the minimum amount that must be spent on a transaction before it
is eligible for the promotion.
128
Minimum stock
The smallest number of inventory parts you want to stock. You enter this number in
the Reorder Point field on the Inventory Part page. NetSuite tracks these items and notifies you when
your inventory is at the minimum stock level.
129
MOSS nexus
The nexus where your company is registered for the Mini One Stop Shop (MOSS) taxation
scheme.
130
Multiple pricing
A type of pricing that lets you charge different amounts for the same item. You can
enter five pricing levels, an online price and sales prices one through four
131
Multiple use promotion:
Promotions that can be used any number of times. Only one promotion code
is required and used by all customers.
132
NetSuite OneWorld
OneWorld is a NetSuite solution for supporting global, multi-subsidiary
organizations. With OneWorld, an organization can use a single NetSuite account to manage records
and transactions for multiple legal entities, or subsidiaries, conducting business across multiple tax
jurisdictions involving multiple currencies
133
Nexus
A nexus defines geographies in which you will collect and pay (indirect) taxes such as sales tax
or VAT
134
Non-inventory part
An item you sell but do not keep in stock, such as an item that is custom made
135
Note:
There are two types of notes in NetSuite: system notes and user notes. System notes are
generated automatically when changes are made to a record. User notes are created manually to keep
track of information about a record.
136
Online price
The price shown with an item in your web store. You enter this price on an item's record.
137
Opening balance
The first balance you enter when you set up a NetSuite account. This value can
be entered during initial setup or later by clicking Enter Opening Balances on the Transactions page.
Balances can be entered manually or imported from another accounting software
138
Optimal fulfillment strategy
The method by which the most favorable location is assigned to a sales
order line based on the selected location types, geographical restrictions, and the minimize fulfillment
locations option in a rule.
139
Order fulfillment
The steps and processes through which an order passes, typically between the
moment it is approved and when it is delivered to the customer. The steps in the order fulfillment
process can include acknowledging a fulfillment request for an order, preparing and packing the items
in the order, shipping the order to the customer, and recording the item fulfillment in NetSuite.
140
Order promotion
A promotion that applies discounts to the order total of a transaction.
141
Packing orders
Packing is the second step of order fulfillment. Packed items have been packaged to
be shipped to the customer. A packing fulfillment is a non-posting transaction
142
Parent item
Any item in NetSuite that has a child item connected to it. For example, Christy's Catering
might offer a parent item called breakfasts with child items of scrambled eggs, fresh fruit, and bagels.
143
Partner:
A partner is an outside company you have a business relationship with who is not a customer
or a vendor.
144
Partner Center
Partners can log in to NetSuite to update their profiles, view reports, and set up
promotion codes.
145
Password:
The secret code that you, your employees, or others use to gain access to NetSuite.
Password requirements are affected by the password policy in place, the role assigned to the user,
and access to secure information such as credit card data. For more information, see the help
topic NetSuite Password Requirements. For security reasons, passwords are not included in email
notifications. Contact users directly by telephone or regular mail to assign passwords
146
Payroll forms
The various tax forms that a business must file to comply with federal, state and
local laws. In NetSuite you can print the Employer's Quarterly Federal Tax Return (941), the Annual
Employer's Federal Unemployment Form (940), W-2 Wage and Tax Statement, and the Form 1099 MISC
Miscellaneous Income. All forms can be downloaded from NetSuite usingAdobe® Acrobat® Reader®.
Most information is automatically filled in for you.
147
Payroll item
A default setup used to calculate payroll for each employee. The basic information for
each payroll item consists of a name, a payroll item type and a corresponding W-2 box. You can set up
payroll items for many types of withholding and company contributions by selecting them from the upto-
date tax tables in NetSuite.
148
Payroll journal
A record of all paychecks your company has written. This report is shown in debit/
credit form, is listed by employee, and has totals for each column at the end of the report.
149
Payroll liability
An obligation to pay an amount to employees or on behalf of employees. A liability
appears on your balance sheet and is owed to people outside the business, such as tax agencies,
insurance companies, or your employees.
150
Pending
A business event status indicating that the handler associated with the event has not yet
started.
151
Percent variance
The percent variance (or percentage change) is calculated by comparing the
"Amount" with the "Amount (for Comparison)".
% Variance = {[Amount - Amount (for Comparison)] / Amount (for Comparison)}\* 100
■ Example 1: Amount = $500 and Amount (for Comparison) = $400
%Variance = {[500-400]/400}\*100 = 25%
This means there was a 25% increase in the figure.
■ Example 2: Amount = $400 and Amount (for Comparison) = $500
% Variance = {[400-500]/500}\*100 = \-20%
This means there was a 20% decrease in the figure.
152
Percent of total
When customizing a report, this option is available for certain default columns and
columns added to reports. Checking this option adds a column to the right of the column you select
this option for. The new column calculates the percent of total by dividing the amount by the grand
total of the amount column.
153
Phantom Assembly
A phantom assembly is a non-stocked assembly that lets you group together
material needed to produce a subassembly conveniently. It avoids the need to create multiple work
orders and also works as a build-to-order instruction. Phantom assemblies are built at the same time
as the higher level assembly.
154
Picking orders:
Picking is the first step of order fulfillment. Picked items have been pulled from
inventory and are waiting to be packed and shipped to the customer. A picking fulfillment is a nonposting
transaction.
155
Picking ticket
An itemized list of a sales order used to assemble a customer's order before shipping.
156
Plug-In
A plug-in is functionality, defined by an interface, that can be customized. After it is installed,
a third party can override the plug-in’s default logic with logic that suits its specific needs. For more
information, see the help topic Custom Plug-in Overview.
157
Portlet:
A dynamic data display window in a NetSuite tab or dashboard. Some portlets provide direct
access to raw data, whereas others display data that has been synthesized into critical business
metrics, such as key performance indicators (KPIs), performance scorecards, trend graphs, and report
snapshots. Other portlets allow you to display data from website RSS feeds.
158
Postal code
A short series of letters and numbers representing a delimited geographical area that
is used by postal and shipping companies to route and deliver shipments. When postal codes are
included in the address details of fulfillment locations and shipping addresses, automatic location
assignment can use the postal codes to determine their geographical position.
159
Preferences:
Options available in NetSuite to make the application function according to your
business needs. Preferences are unique to each feature area and are based on your role. You can
set preferences that only affect your personal experience of NetSuite, such as time zone, language,
drop-down menus, and color theme. Depending on your role, you may also have permission to set
company-wide preferences that affect areas such as accounting, invoicing, and inventory management.
160
Preferred location
In an item record, identifies the default fulfillment location for the item when it is
added to a sales order. The preferred location is set when the Location column is displayed in the Items sublist in the sales
order form.
161
Promotion:
A promotion is used to apply a discount to a transaction when the transaction meets
specified criteria.
162
Quantity committed
The number of units of an item reserved by unfulfilled sales orders
163
QuickView:
This is a user interface element. A QuickView is a summary view of a record. For some
record types, the QuickView also contains buttons that allow users to make changes to the record.
164
Rank:
The position of an item in a list of similar items. In a region, each location can be given a rank,
which is used to determine the order in which locations are assigned to sales order lines when the
optimal fulfillment strategy is set to Highest Ranked Location.
165
Real-time rate:
Shipping rate provided directly from UPS® or FedEx®
166
Record status
The status of all transaction records appears to the right of the record title.
167
Region:
A geographical area based on one or more countries, states (or counties or provinces), or
postal codes. A region is defined in the region record. The inclusion or exclusion of fulfillment locations in a region, and the region in which a shipping
address is located, affect how automatic location assignment assigns locations to sales order lines.
168
Register:
A list of transactions for a particular account. You can view the date, transaction type, number
and status from the register.
169
Reminders:
The reminder list automatically appears on your NetSuite Home page each time you log
in. It displays various matters of business to be taken care of. You can customize the list to display
items specific to your daily routine, or you can turn it off completely. In NetSuite, Reminders can also
be event reminders, which pop up at the time you designate on event records
170
Reorder point
The point at which you should place an order to restock an item. If you select Inventory
Level Warnings from Set Preferences on the Home page, NetSuite notifies you automatically when your
inventory reaches the reorder point
171
Resale number
The tax identification number issued by state, local, or federal governments and
required by a vendor if you want to avoid paying sales tax on merchandise for resale. You can enter
this number on the vendor record.
172
Resource
Equipment or meeting spaces your company uses for events. Examples of resources include
phones, computers, projectors, vehicles, lab equipment, and conference rooms.
173
Revenue arrangements
Transactions that record the details of customer performance obligations for
purposes of revenue allocation and recognition. Advanced revenue management automatically creates
revenue arrangements from predefined revenue sources, such as sales transactions and projects.
174
Revenue elements
Records that correspond to individual lines in a source. Revenue elements are
attached as lines on a revenue arrangement in advanced revenue management.
175
Revenue recognition plans
Records that indicate the posting periods in which revenue should be
recognized and the amount to be recognized in each period in advanced revenue management.
Revenue plans are derived from revenue recognition rules. Each revenue element has a forecast plan
and one or more actual plans. The actual revenue plans control the posting of revenue.
176
Revenue recognition rules
Records that define patterns for revenue recognition in advanced revenue
management. They include, for example, the recognition method, amount source, and start and end
date sources.
177
Revenue recognition schedules:
Records that indicate the posting periods in which revenue should
be recognized and the amount to be recognized in each period. Revenue recognition schedules are
generated for sales transactions containing items that have associated revenue recognition templates.
The records are part of the legacy Revenue Recognition feature
178
Revenue recognition templates:
Records that define how to post revenue when the legacy Revenue
Recognition feature is enabled. These templates are used to generate revenue recognition schedules
for associated items
179
Role
A set of permissions that gives access to specific areas of your data to employees, customers,
partners, and vendors. Standard roles can be assigned to employees. User-restricted roles, that
provide access to a very limited set of tasks and a different Help Center, can be assigned to employees,
customers, partners, and vendors
180
Running balance:
When customizing a report, this option is available for certain default columns and
columns added to reports. Checking this option adds a column containing a running balance to the
right on the column you select this option for.
181
Sales forecast
Predicted sales revenue for a period. NetSuite sales forecast reports include sales
orders, invoices, cash sales, open estimates, and open opportunities. Sales forecast amounts in
NetSuite can be weighted or projected.
182
Sales manager
A standard role that has permission to: enter and change estimates and sales
Transactions, access customer records, approve commission, view A/R reports, sales reports and
graphs, A/R register, non-posting registers and items.
183
Sales person
A standard role that has permission to create estimates, opportunities, and sales
transactions; access customer records; view sales reports and graphs, non-posting registers and items
lists.
184
Sales tax agency
In NetSuite, a tax agency is your vendor record for a taxing authority. Go to Lists >
Relationships > Vendors > New to set up a new sales tax agency.
185
Sales tax item
A tax that you, as a vendor, collect from your customers at one certain rate and pay to
one tax agency.
186
Sales tax payment
To track sales tax payments you make to the government on your customers'
behalf, you must set up a sales tax vendor and sales tax items. You then use these items to add
sales tax to invoices and cash sales receipts. As sales tax becomes due, you can pay it by going to
Transactions > Bank > Pay Sales Tax.
187
Scriptable cart
You can use SuiteScript to customize the order form you use for e-commerce
customers
188
Shipping address
The location to which an order must be shipped. A shipping address usually consists
of a street name and number, town, postal code, and country.
If a shipping address is incomplete - for example, the postal code is missing - and depending on
the rules in an automatic location assignment configuration, NetSuite might not be able to assign a
fulfillment location to sales order lines with that shipping address
189
Shipping capacity
The number of shipping orders that can be processed at a location. Automatic
location assignment takes shipping capacity into account when assigning locations and does not assign
more than the specified capacity. Shipping capacity can be defined in the following ways:
■ Daily shipping capacity - Refers to the maximum number of orders that can be assigned to the
location in one day.
■ Total shipping capacity - Refers to the maximum number of shipping orders that can be pending
fulfillment at the location.
Shipping capacity can be defined on the location record.
190
Shipping integration
Feature that integrates your UPS® or FedEx® account with your NetSuite
account, enabling you to print bar code shipping labels and allowing your shipping account to be
charged when orders are fulfilled in NetSuite
191
Shipping item
A delivery method for a shipping carrier. A shipping item describes how to ship an item
and can include shipping rate information, handling rates, rules for shipping and handling, and specify
when shipping is free. In NetSuite, shipping item is also referred to as shipping method and ship via.
192
Shipped order:
Shipping is the final step in the fulfillment process. Items on shipped orders have been
shipped to the customer. A shipped fulfillment is a posting transaction.
193
Shipping order:
A sales order that must be shipped to the customer to fulfill it.
194
Shortcut:
A link to your most frequently used pages in NetSuite. On your home page you can
customize shortcuts to link to the tasks you perform most often. You set them up by clicking the star
icon on the tab to the left of the home tab
195
Single use promotion:
Allow promotional campaigns and email marketing to be personalized by
providing each recipient a unique coupon code that can only be used once by a single customer.
196
Site theme
An HTML template you can apply to your website to customize the look and feel.
197
Solution:
An answer or recommendation to a common customer question or problem. Solutions are
organized under topics and published as a knowledge base. They can also be attached to case records
for quick responses to customer messages
198
Sourcing:
Fields can be set to source information from another record in your account. When a
field is defined to source information from another record, the information populated into the field
is then dependent on fields associated with a record selected on another field within that form.
Some standard fields automatically source information and custom fields can be defined to source
information as needed.
199
Specials category:
The Specials category was automatically generated by NetSuite in accounts
provisioned prior to 2007. It is associated with Site Builder web sites.
200
SSP Applications:
SuiteScript Server Pages feature is available for both Site Builder and SuiteCommerce
Advanced websites. This feature supports the packaging of SuiteCommerce website assets as SSP
applications. You can create SSP applications to customize your e-commerce website. Deploy SSP
applications to your site by selecting touch points that specify entry page URLs.
201
Stackable Promotions
A SuitePromotions feature that allows multiple promotions to be applied to
one transaction.
202
Standard promotion
A promotion that is not a SuitePromotions promotion, nor a shipping item,
and not a promotion created with the Advanced Promotions bundle. Sometimes also called "Core
Promotions"
203
Standard role
Gives users internal access to your data. These roles can be assigned to employees.
Standard roles are usually named for positions in your company. The predefined permissions and
levels of access assigned to these roles are based on the positions. For example, the A/P Clerk role lets
users enter bills and vendor credits, pay bills and sales tax, and view the A/P and inventory reports.
204
Static group
A group of relationship records created from the results of a one-time search or selected
manually. To make changes to a static group, you must edit the group, and then add or delete
members.
205
Status page
In NetSuite, the status page indicates a process is under way or indicates how much of the
process has been completed.
206
Store location
A location record in NetSuite whose location type is set to Store
207
Store manager
A standard NetSuite role that has permission to:
■ Enter or change purchase orders and sales transactions.
■ View inventory, store, and sales reports.
■ Edit customer, vendor, and company records.
■ Access all web store or website features.
208
Subaccount:
An optional subdivision or cost center of an account. Subaccounts allow more detailed
tracking of financial transactions.
209
Subitem of:
A field on an item record where you select the name of the parent item for the new item
you are creating.
210
Subtab:
An element in the NetSuite User interface. Tabs appearing in the middle or at the bottom of a
page are called subtabs.
211
SuiteAnalytics:
Feature area that includes Dashboards, Searches, Reports, and SuiteAnalytics Connect
Dashboards – You can create a unique set of dashboards to ensure maximum efficiency and ease
when you use NetSuite.
■ Search – NetSuite provides a variety of search tools that you can use to retrieve real-time data from
your account. You can search for a single record by keywords, return a set of records that match
filters you define, customize the display of search results, export results to other applications, email
results to other users, and save search definitions for reuse.
■ Reports – NetSuite includes a variety of reporting capabilities that you can use to retrieve, present,
and analyze real-time business results. You can run prebuilt reports as is or modify them by setting
per-user preferences, selecting per-report viewing options, or defining custom reports in NetSuite’s
Report Builder and Financial Report Builder tools.
■ SuiteAnalytics Connect – The SuiteAnalytics Connect feature exposes NetSuite data for ODBC,
JDBC, and ADO.NET access. This feature includes NetSuite drivers that you can download. With one
of these drivers installed, you can use external applications to access views of NetSuite data and
generate reports.
212
SuiteAnswers
Accessible from the Support tab in the NetSuite application. Repository of Help Center
topics as well as knowledge base articles, training videos, and best practices documents.
213
SuiteApp
SuiteApps are bundles of customization objects (such as custom forms, fields, and records),
scripts, and saved searches that can be shared across NetSuite accounts. You can install a SuiteApp in
your account or share it with other NetSuite customers. For example, an internal developer may create
a SuiteApp that is first created and tested in a sandbox account before being installed in her company’s
production account or an Independent Software Vendor (ISV) may use SuiteApps to deliver solutions to
customers.
214
SuiteBuilder:
Includes a set of features that provide a point and click interface for creating custom
objects, such as custom fields, custom forms, custom record types, transaction form layouts, and
custom centers. These features allow you to adapt NetSuite to meet your company’s business
processes. For more information, see the help topic SuiteBuilder Overview.
215
SuiteBundler:
Allows NetSuite users to package together groups of objects for distribution to other
accounts. These packages are called SuiteApps or bundles. SuiteApps authors may be internal
developers creating customizations for their companies or independent software vendors (ISVs)
distributing solutions to their customers. Two types of bundles can be created and made available for
installation:
■ A customization bundle is a group of custom objects that implement customized behavior in the
NetSuite application.
■ A configuration bundle is a group of NetSuite setup entries and preference settings.
216
SuiteCommerce
SuiteCommerce is the general feature area containing all e-commerce functionality
within the NetSuite ecosystem. SuiteCommerce includes the following components:
■ Site Builder – the legacy e-commerce solution delivered by NetSuite. It includes access to the SSP
application platform. Note that there are various types of SuiteCommerce Site Builder solutions
to meet your particular business needs. For more information, see the help topic Site Builder
Overview.
■ SuiteCommerce Advanced – a SuiteCommerce add-on feature that allows you can use technologies
such as A JAX, jQuery, and JSON, together with NetSuite proprietary technologies such as SSP
applications, Commerce API and Item Search API to create a custom e-commerce solution.
Contact your NetSuite account representative for access to SuiteCommerce Advanced. For more
information, see the help topic SCA Overview.
■ Reference Implementations – a set of documented and supported SSP applications delivered
in SuiteApps that include core features defining a standard best-in-class starting point for an ecommerce
website. For more information, see the help topic SCA Developer Tools.
217
SuiteFlow:
A tool that you can use to automate business processes using visual workflow management.
You can use SuiteFlow to create workflows that track the states of records of a selected type
throughout a business process and perform specified actions when records reach different states. You
can model workflow states, transitions between states, and actions in a workflow diagrammer. For
more information, see Workflows Overview.
218
SuitePromotions
A set of promotions featuring the latest promotions enhancements including
Stackable Promotions, Auto-Apply Promotions, Best Offer, improved performance and a new improved
user interface.
219
SuiteScript
SuiteScript is the scripting platform for NetSuite solutions. It includes custom code
capabilities that operate within the client/browser framework, as well as server-side scripting
capabilities that can be scheduled or event-based and operate within the server framework.
220
SuiteScript Server Pages
The SuiteScript Server Pages feature supports the packaging of
SuiteCommerce website assets as SSP applications. You can use SSP applications to customize your
e-commerce website. Deploy SSP applications to your site by selecting touch points to specify URLs where website visitors can interact with SSP application pages. For more information, see the help topic
SSP Application Overview.
221
SuiteSocial:
A social collaboration tool delivered in a SuiteApp that enables you to more tightly connect
social interactions to your NetSuite data and track important changes to that data. You can see updates
posted by your colleagues and real-time posts when relevant NetSuite records are created or edited.
For more information, see the help topic SuiteSocial.
222
SuiteTalk:
The SuiteTalk Platform provides programmatic access to your NetSuite data and business
processes through an XML-based application programming interface (API). Generally speaking, the
SuiteTalk Platform has the following characteristics:
■ SOAP encoded web services: the SuiteTalk Platform uses SOAP-based web services with document
style, or Doc style, encoding.
■ Doc style encoding consists of message-oriented exchanges where an XML schema specified within
the SOAP message defines the structure of any messages sent between two applications. RPC
exchanges are not supported.
■ HTTPS Transport: currently the only transport supported is HTTPS as defined in the WSDL
document.
For a list of NetSuite records that are supported in web services development, see the help topic Web
Services Supported Records. To see code samples of all SuiteTalk operations, see the help topic Web
Services Operations.
223
Support manager
```
A standard role that has permission to:
■ Set up case assignment and escalation
■ Create online case forms
■ View and edit issue and case records
■ View support and sales reports
```
224
Support person
A standard role that has permission to:
■ View and edit issue and case records
■ View case and issue reports
225
Synthetic fields
Additional fields that are not exposed to SuiteScript or in the NetSuite user interface.
You can use synthetic fields in scriptable email templates and in field sets for SuiteCommerce
Advanced websites.
226
Tags:
SuiteCommerce Site Builder uses proprietary website tags and attribute tags for website
customization. For more information, read the help topic Web Site Tags.
227
TAPI:
Telephony Application Programmers Interface. TAPI is built into Microsoft® Windows and enables
windows applications to make outbound telephone calls.
228
Tab:
An element that displays a page of the user interface in NetSuite. Tabs are in a bar at the top of
the page. Note that the tabs appearing in the middle or at the bottom of a page are called subtabs.
Depending on the features in your NetSuite account, you can create new tabs to publish in your
NetSuite center. You can also create website tabs to display website pages.
229
Task:
A record used to track work you plan to finish before a certain due date, such as an action item to
complete, an e-mail message to send, or a call to make. You can create tasks for yourself or you can be
assigned tasks by others.
230
Tax agency:
Tax agencies are the entities to whom you must remit the taxes you have collected on your
transactions. In NetSuite, they are treated as a special category of vendors within the system
231
Tax code
The tax code is the basis by which the appropriate tax rate is applied to transactions. The tax
code is usually based on information provided by the tax agency in the country or nexus you transact
in.
232
Tax item
A tax that you, as a vendor, collect from your customers at one certain rate and pay to one
tax agency.
233
Tax payment
To track sales tax payments you make to the government on your customers' behalf,
you must set up a sales tax vendor and sales tax items. You then use these items to add sales tax to
invoices and cash sales receipts. As sales tax becomes due, you can pay it by going to Transactions >
Bank > Pay Sales Tax.
234
Tax table
Computations for payroll tax withholding and some state sales tax charges. These are
precalculated by NetSuite and always updated to conform to changing government regulations.
235
Tax:Other
A payroll item such as local taxes
236
TeleVantage®
Software-based phone system created by Artisoft® that enables you to use a non- TAPI
enabled telephone with a NetSuite.
237
Templates
You can use templates in various areas of NetSuite:
■ You can use templates to generate messages such as email and letters.
■ You can use marketing templates for email campaigns, online form notifications, and to create
custom online forms.
■ You can create templates for online custom record entry forms.
■ You can use item/category templates to customize the look and feel of your Site Builder website.
These templates are made up of a combination of HTML and NetSuite website tags.
■ You can use template files installed by a Reference Implementation to define the presentation
layer of a SuiteCommerce Advanced website. Note that some Reference Implementations are also
available for Site Builder websites. For more information, see the help topic Prerequisites.
238
Third-party logistics
The storage, fulfillment, and distribution of goods, manufactured or sold by your
company, through an external service provider.
239
Tiered promotions:
A promotion that has two or more levels of discounts in the same promotion. This
means different amounts or rates of discount can be applied when different quantities of an item are
added to a transaction.
240
Time tracking
The process of recording billable hours. In NetSuite, you manually enter a time
transaction that includes employee, customer, type of service, and duration. Then you can choose this
as an item to be included on an invoice.
241
Topic
A heading or category to use for organizing solutions in a knowledge base.
242
Total shipping capacity
The maximum number of shipping orders that can be assigned to a location
at any one time, regardless of when the shipping orders were assigned or for how long they have been
assigned. When the number of shipping orders assigned to a location is equal to the total shipping
capacity, automatic location assignment stops assigning orders.
243
Touch points
For each touch point defined on an SSP application, NetSuite replaces all incoming links
to the default URL with links to a page hosted by the SSP application. A single SSP application can
be integrated at multiple touch points. You can define touch points on the SSP Application record by
providing URLs. For each URL, you have the option of defining parameters.
244
Transaction
A record of a business event. Many transactions record financial agreements between
your business and its customers or vendors. Other transactions record business events such as
inventory adjustments and assembly build transactions. Many transactions result in the posting of
an amount to the general ledger (G/L). Those transactions that do not impact the G/L are called nonposting
transactions.
245
Trial balance
A worksheet that shows the balance of each active account as of a specific date, usually
the end of the month. The trial balance is used to test whether total debits equal total credits for all
ledger accounts.
246
Type of account
A general category of financial transactions. In NetSuite, these are Accounts Payable,
Accounts Receivable, Bank, Cost of Goods Sold, Credit Card, Equity, Expense, Fixed Asset, Income, Long
Term Liability, Non-posting, Other Current Asset, Other Current Liability, Other Expense, and Other
Income.
247
Upsell item
An item chosen for sale based on a customer's prior purchases. An item's upsell potential
is measured by correlation.
248
User:
A customer, contact, partner, vendor, or employee who is assigned access to the data in your
NetSuite account. The level of access depends on the role you assign to the user.
249
User-restricted role
Gives customers, employees, and vendors external access to your account so they
can view or enter their transaction information. When logged in with these roles, users can complete
only a limited set of tasks. For example, the Employee Center role lets employees enter and view time
reports, expense reports, and purchase requests.
250
Vendor Center
A user-restricted role that has permission to:
■ View purchase orders.
■ View accounts payable registers.
■ View non posting registers.
251
VSOE
Vendor Specific Objective Evidence. VSOE is a revenue recognition feature in NetSuite used
to allocate revenue for products and services sold based on the fair market value of the items.
It is commonly used by companies that sell computer software and services in multiple-element
transactions.
252
Warehouse:
A location or building in your organization at which goods are received, stored, fulfilled,
and distributed by you to customers, business partners or other locations. Inventory levels at
warehouses are typically higher than levels at retail locations.
253
Warehouse location
A location record in NetSuite whose location type is set to Warehouse.
254
Web services
Extensible Markup Language (XML) applications mapped to programs, objects,
databases, or complex business functions. The NetSuite web services platform is called SuiteTalk. With
SuiteTalk you can integrate existing business functions within your organization to NetSuite through
the use of web services. Web services can be invoked in real-time to perform operations such as
retrieving, adding, updating and deleting data.
255
Weighted total:
The weighted total of a transaction represents the product of the transaction
probability and the amount on the transaction. For example, an estimate with an amount of $1,000
that has a 50% probability of conversion has a weighted total of $500. Pipeline reports and forecast
reports include weighted totals.
256
Win/loss reason
A description of the reason an opportunity is won or lost. You can select the reason
you won or lost an opportunity in the Win/Loss Reason field on the opportunity
257
Work queue
Refers to the orders assigned to a location and awaiting fulfillment.
258
Work capacity
A measure of the number of orders that can still be processed at a location at a specific
point in time. Work capacity increases and decreases in proportion to the number of orders processed
for shipping and the orders assigned to the location by automation location assignment.
