What Do You Recommend For Project Setup

Hello everyone,

Admittedly new to Netsuite projects, but I have been chartered to setup projects to determine the Profit & Loss of a given customer project.

In short, we sell expensive, capital equipment. When we receive a PO from a customer, we typically have 3-6+ line items: 2-3 equipment line items (sometimes will require 1-2 POs to vendors), a service line item where we will do installation/training, and potentially a line item to service the equipment in 6 months or a year.

Further, we will invoice for either 40% down, 60% on equipment line items…..100% when service line items are complete.

We would like to be able to identify the costs associated with all the line items, including actual costs of labor, meals, and travel (which we will add to the project from Expensify ideally).

In short, what is the best approach to setup a project from a sales order that will collect and allow us to determine Profit & Loss on a specific customer project (not to be confused with the Netsuite definition of a project)?  Am I missing anything that will be difficult, or is there something that would be better suited?

Thank you!!

Rookie Asked on October 1, 2020 in Projects.

Commenting to follow! I am looking to set up something similar.

on November 4, 2020.
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