What feature needs to be enabled for managing recurring billing on sales orders in NetSuite?

The Advanced Billing Feature is crucial for managing recurring billing on sales orders in NetSuite because it allows businesses to set up scheduled billing cycles for their customers. When this feature is enabled, it provides functionality for generating recurring invoices automatically based on the sales order’s terms and conditions. This is particularly important for companies with subscription models or those offering ongoing services where billing needs to occur at regular intervals.

Enabling the Advanced Billing Feature facilitates the creation of billings that align with the timing and amounts specified in the sales orders, ensuring that businesses can automate and streamline their revenue generation processes. This results in improved accuracy in billing and decreased administrative overhead, as invoices can be generated without manual intervention each billing period.

Other options, while relevant to various aspects of financial management in NetSuite, do not specifically cater to the setup of recurring charges on sales orders. For instance, the Recurring Invoice Feature focuses on invoice generation rather than the management of sales order billing cycles directly.