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NetSuite ERP Consultant Exam: Q&A $12.99   Add to cart

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NetSuite ERP Consultant Exam: Q&A

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NetSuite ERP Consultant Exam: Q&A

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  • June 16, 2023
  • 14
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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NetSuite ERP Consultant Exam: Q&A
Which 3 requirements can be addressed using standard NS functionality in
Accounting Preferences? Correct Ans - 1. Automatically Email Drop
Ship PO's, 2. Send Order Fulfilled Confirmation Emails, 3. Send Email
Confirmation when SO is cancelled.

A company has decided to use the Class segment to track product lines on
sales. They would like to force users to enter a value in this field and have
configured the system to show the class field at the line level of transactions.
What 2 configs are required? Correct Ans - 1. Enable the account pref:
Make Classes Mandatory, 2. Create a dummy value called "No Class"

Which action is recommended for undesired accounts in preparing for go-live
Correct Ans - Leave undesired accounts active in case transactions post to
them

What is a benefit of viewing Chart of Accounts with Show Inactives Marked
Correct Ans - Amounts posted to inactive default accounts are visible

Which 3 valid characteristics affect seeting up and assigning NS default
segments (Dept/Class/Location) Correct Ans - 1. Locations are
available for tracking inventory, 2. Segmenets can be used to restrict data
access, 3. Departemnets can be defined in a hierarchy for reporting purposed

Which segment combinations require SuiteScript? Correct Ans - Limit
Class to specific Departments (no Script required: Limit account to specific
Class or subsid, and limit dept to subsid)

Which two statements are true about the Multiple Calendars feature
Correct Ans - Without this feature, the Tax Years are the same across all
subsids, AND With this feature, different fiscal calendar defs can be used on
the same subsid for accounting & tax periods

What is the impact of enabling the "Void Transactions Using Reversing
Journals" setting Correct Ans - It displays a VOID button on the
transaction and creates a Reversing JE

, All multi-curr features are enabled in a One-World account. What does the
Base Currency column with a value of "Yes" mean Correct Ans - The
currency is used on subsidiary records or the company information

Which functionality is included when the Consolidated Payments feature is
enabled Correct Ans - The A/R Aging report shows the un-
consolidated balance for each sub customer

A company has customers with centralized purchasing departments that buy
products for multiple locations at the same time. The customers want the
products shipped to different locations from the same order. Which 2 features
need to be enabled? Correct Ans - Multiple Shipping Routes & Enable
Line Item Shipping

A company's corp policy requires re-approval for any changes made to
approved sales orders prior to fulfillment. A SO was entered, approved, then
changed but did not go back thru the approval process. Why? Correct Ans
- The "Require re-approval"pref is not set

A customer has multiple open SO's on file. A customer deposit is applied to the
wrong sales order. What process to unlink? Correct Ans - Change the
SO to a cash sale

What are 2 considerations for shipping integration Correct Ans -
Tracking numbers assigned on the fulfillment flow back to the SO, and Both
FedEx and UPS support use of negotiated rates

Which statement is true about enabling the Multi-Location Inventory feature?
Correct Ans - The Enable Multi-Lccation Inventory feature can be enabled
anytime after enabling the Inventory Feature

An employee reports eight hours of consulting services for 3 days to the same
customer. Which 2 invoicing prefs will produce an invoice within 24 hours of
time at the billable rate? Correct Ans - Group Time by Employee, and
Combine Time Items on Invoices

A company sells yearly service contracts for $1,000 that require 10% initial
fee. These are sometimes discounted. They bill at the end of the month. What's

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