ERP-Consultant

Which statement is true when configuring the default Vendor Prepayment Account?A . The Vendor Prepayment Account set at the subsidiary level takes precedence over the Vendor Prepayment Account set at the company level.B . The Vendor Prepayment Account set at the company level takes precedence over the Vendor Prepayment Account...

If the Allow Cross-Subsidiary Record viewing feature is checked on a role, which statement is true for users logged in with this role?A . Users can transact in other subsidiaries.B . Users can update addresses on Customer records from other subsidiaries.C . Users can check prices on Sales Orders from...

One item on a Return Authorization is damaged and will not be added back into Inventory. Which Accounting Preference needs to be enabled to process the Return Authorization?A . Write-Off Account for ReturnsB . Enforce Minimum Quantity on Return AuthorizationsC . Credit in Advance of Vendor ReturnD . Allow Overage...

If a NetSuite Administrator creates a saved search in a Sandbox account, which tool should the Administrator use to copy the search into a Production account?A . Configuration BundleB . SuiteTalkC . CSV ImportD . Customization BundleView AnswerAnswer: C Explanation: Reference: https://www.netsuite.com.au/portal/assets/pdf/ds-netsuite-sandbox-accounts.pdf

Which accounting impacts result from building an assembly? (Choose two.)A . Increase Asset accounts of the Assembly item’s componentsB . Decrease Asset accounts of the Assembly item’s componentsC . Decrease Cost of Goods Sold account of the Assembly ItemD . Increase Cost of Goods Sold accounts of the Assembly item’s...

Which three actions are supported using assembly functionality?A . including service items as a component in the assemblyB . including components that are serialized or lot-numbered itemsC . tracking replacement of one component with another similar componentD . tracking variation in the quantities of components from one batch of assemblies...

What feature enables a user to create Billing Schedules in order to invoice sales over a time period or contract term?A . Advanced BillingB . Billing OperationsC . Billing AccountsD . Charge-Based BillingView AnswerAnswer: D Explanation: Reference: https://www.netsuite.com/help/helpcenter/en_US/srbrowser/Browser2018_1/script/record/bi llingschedule.html

A company is using the Multiple Currencies feature. Which account type allows Revalue Open Balance for Foreign Currency Transactions?A . Cost of Goods SoldB . IncomeC . ExpenseD . Other Current AssetView AnswerAnswer: B Explanation: Reference: https://www.morganfranklin.com/insights/company-insight/utilizing-netsuites-multicurrency-features/

Which scenario requires an Advanced Electronic Bank Payments license?A . Customize Payment File Template for Positive PayB . Automate processing of payments in batchesC . Rollback of Payment File AdministrationD . Aggregate bills to a single paymentView AnswerAnswer: B Explanation: Reference: https://www.netsuite.com/portal/assets/pdf/ds-netsuite-electronic-payments.pdf (5)

A Custom Role cannot view a Custom Field on an Entity Form, which of the following permissions need to be assigned in order to be able to view it?A . Record Custom EntryB . Record Custom Entity FieldC . Record Entity FieldD . Record Custom FieldView AnswerAnswer: B Explanation: Reference:...