Netsuite f - Study guides, Class notes & Summaries

Total number of subsidiaries in OneWorld : 124 subsidiaries in addition to the root for 125 total Elimination Subsidiary : -Sales between subsidiaries, Inventory transfers between subsidiaries, Loans between subsidiaries -Doesn't count towards subsidiary count -Cannot be a parent subsidiary -Only for journal entries, not for other transactions What should you do before creating subsidiaries? : -Plan organization structure -Build in Sandbox account then in Production account (subsidia...

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NetSuite Financial User Study Guide with complete solutions Total number of subsidiaries in OneWorld - ANSWER ️️ 124 subsidiaries in addition to the root for 125 total Elimination Subsidiary - ANSWER ️️ -Sales between subsidiaries, Inventory transfers between subsidiaries, Loans between subsidiaries -Doesn't count towards subsidiary count -Cannot be a parent subsidiary -Only for journal entries, not for other transactions What should you do before creating subsidiaries? - ANSWE...

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3 Types of Customer Payments: - Answer EFT (electronic funds transfer), Paypal on web store, Credit Card processing ACH (what is it, and it is the only way to do what?) - Answer Automated Clearing House (process transactions through ACH network for EFT) The only way to pay vendors in NS. EFT - Answer Electronic Funds Transfer (transfer directly from bank account) Nexus - Answer how to collect and pay taxes in different areas of the world (defines jurisdiction in which collect an...

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NetSuite: Suite Foundation Practice Exam July 2024 1) Which record types support the Multiple Currency feature? (Choose 2.) A. Vendor B. Employees C. Customer D. Partners E. Competitors ️A, C 2) Which feature allows users to manage inventory in various locations? A. Locations B. Inventory C. Multi-Location Inventory D. Advanced Inventory Management ️C 3) Which statement is correct about renaming records/transactions? A. The navigational path to the record u...

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NetSuite Suite Foundation Practice Exam July 2022 question and answer latest update