True or False: NetSuite allows billing schedules that can bill more than 100% of the invoice amount.

NetSuite’s billing schedules are designed to ensure that the total billed amount aligns with the invoice amount, meaning a billing schedule cannot exceed 100% of the invoice total. This is a key feature in maintaining accuracy in financial reporting and managing cash flow. Allowing a billing schedule to exceed 100% could lead to inconsistencies and inaccuracies in revenue recognition, which is critical for compliance with accounting standards.

Thus, stating that NetSuite allows billing schedules to bill more than 100% of the invoice amount is false, as it is structured specifically to prevent such occurrences. This design is crucial for businesses to maintain trust in their financial systems and reports.