How can I get the sale of a service item to impact a cost of sales account while also impacting revenue and A/R.

AI generated answer (using internal Slack threads):

In NetSuite, the sale of a service item can impact a cost of sales account, revenue, and A/R by following these steps: 1. Create a Sales Order: A sales order expresses a commitment to ship goods and or perform services. It has no accounting impact until items are shipped and an invoice or cash sale is created from the sales order to bill the customer for the items. 2. Recognize Revenue on Billing: You need to set up your items to recognize revenue on billing. This can be done by creating a revenue rule that posts revenue for the period of invoicing. 3. Use Advanced Revenue Management (ARM): If you're using the ARM module in NetSuite, you can separate the billing and revenue recognition processes. This allows you to defer revenue at the point of creating the sales order or proforma, and then move from deferred to actual revenue when the invoice is created. 4. Custom GL Plugin or Script: If you want to post it to a different expense account and not COGS, you can use a custom GL plugin to add custom lines to GL that debit donation expense (or whatever your GL is) and credit COGS. Alternatively, you can use a script that automatically reclassifies the COGS to the correct expense account. 5. Create an Invoice or Cash Sale: An invoice transaction records the sale of goods and services when payment is not received at the time of delivery. This will impact the A/R account. A cash sale is a transaction that records the sale of goods or services for which you receive immediate payment. This will impact the revenue account. Remember, the sales order is a non-posting transaction, meaning it doesn't have an immediate impact on your accounts. The impact on the accounts (including the cost of sales account, revenue, and A/R) occurs when the invoice or cash sale is created from the sales order. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******