How does netsuite work - Study guides, Class notes & Summaries
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NetSuite ERP questions with complete solution 2023
- Exam (elaborations) • 8 pages • 2023
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NetSuite ERP questions with complete solution 2023Invoice GL Impact vs. Standalone Invoice 
Debit AR/ Credit Sales Income. 
Standalone: Debit AR/ Credit COGS 
 
 
 
When are statement charges used? 
Use instead of invoice when you want to see several charge accumulate before billing a customer. Debit AR/ Credit Sales Income 
 
 
 
Non posting NS Transactions 
Estimate 
 
Liability Adjustment 
 
Opportunity 
 
Payroll Adjustment 
 
Purchase Order 
 
Return Authorization 
 
Revenue Arrangement 
 
...
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NetSuite Administrator Study Material Revised Test.
- Exam (elaborations) • 16 pages • 2024
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Minimum saved search summary type: - correct answer Displays the minimum amount, or the earliest date value. 
 
Maximum saved search summary type: - correct answer Displays the maximum amount, or the most recent date value. 
 
Which Saved Search summary type is required for any other summary type to work? - correct answer Group 
 
T / F: Recipient lists are shared for both types of saved search emails (alerts and scheduled) - correct answer True 
 
What are the two types of saved search emails? ...
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NetSuite ERP Questions with 100% Correct Answers 2023
- Exam (elaborations) • 8 pages • 2023
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Invoice GL Impact vs. Standalone Invoice - Correct answer-Debit AR/ Credit Sales 
Income. 
Standalone: Debit AR/ Credit COGS 
When are statement charges used? - Correct answer-Use instead of invoice when you 
want to see several charge accumulate before billing a customer. Debit AR/ Credit 
Sales Income 
Non posting NS Transactions - Correct answer-Estimate 
Liability Adjustment 
Opportunity 
Payroll Adjustment 
Purchase Order 
Return Authorization 
Revenue Arrangement 
Sales Order 
Transfer Ord...
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NetSuite ERP Questions with 100% Correct Answers 2023
- Exam (elaborations) • 8 pages • 2023
-
Available in package deal
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- $10.49
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NetSuite ERP Questions with 100% 
Correct Answers 2023 
Invoice GL Impact vs. Standalone Invoice - Correct answer-Debit AR/ Credit Sales 
Income. 
Standalone: Debit AR/ Credit COGS 
When are statement charges used? - Correct answer-Use instead of invoice when you 
want to see several charge accumulate before billing a customer. Debit AR/ Credit 
Sales Income 
Non posting NS Transactions - Correct answer-Estimate 
Liability Adjustment 
Opportunity 
Payroll Adjustment 
Purchase Order 
Return Autho...
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ERP CONSULTANT EXAM PREP QUESTIONS WITH 100% SOLVED ANSWERS!!
- Exam (elaborations) • 8 pages • 2024
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What are the default recognition rules when creating revenue recognition rules? - ANS Default Standard rule: defines revenue recognition plans that begin and end on the same date 
Default One-Time Direct Posting rule: All elements in a revenue arrangement use this rule when the source transaction includes a posting discount 
Default Percent Complete: This rule is for projects that are attached to a sales transaction. It appears only when the Projects feature is also enabled. 
 
Group Pricin...
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