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NetSuite ERP Consultant (Actual) Exam
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NetSuite ERP Consultant (Actual) Exam
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NetSuite ERP Consultant (Actual) Exam124 subsidiaries, plus 1 root (125) maximum - ANS-inactive subsidiary does not count
towards the total
2 pages where asset records can be created from transactions - ANS-Asset Proposal &
Asset Creation
3 options for entering go-live AR & AP transactions - ANS-1. customer/vendor >
financial tab > opening balance; 2. import or manual recreation of fully detailed bill; 3.
use a fake non-inventory item tagged to uncategorized account (preferred)
3 ways to enter go-live inventory count - ANS-1.enter on hand count upon create; 2.
adjust inventory; 3. adjust inventory worksheet
6 tax editions - ANS-International, US, Japan, UK, Canada, Australia
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? - ANS-
Multiple Shipping Routes & Enable Line Item Shipping
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? -
ANS-1. Enable the account pref: Make Classes Mandatory, 2. Create a dummy value
called "No Class"
A company is a big box retailer of kitchen appliances. Each appliance has a unique 13-
digit alphanumeric code - ANS-serialized inventory items
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 the settings - ANS-
Initial Amount set to 10%, In Arrears is Enabled, Recurrence count is 12
A company uses a custom transaction body field to track informatino on SO's. The field
should populate with the supervisor of the current user - ANS-Set a dynamic default of
"Current User's Supervisor" on the Validation & Defaulting tab when setting up the
custom transaction body field
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? - 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? - ANS-Change the SO to a cash sale
A customer needs to report outgoing order information from several warehouse
locations - ANS-Use a Saved Search using Summary functionality on the Results
columns
adjust inventory - ANS-user interface; will not create a static number for go live; can be
imported using suitetalk web services
adjust inventory transaction - ANS-inclusive of stock total; lot number and serialize are
visible; if no cost then adustment has zero value and no GL impact
adjust inventory worksheet - ANS-exclusive of previous stock total - resets the count to
the quantity entered; uses average cost so it overrides FIFO/LIFO
advanced inventory management - ANS-calculate reorder based on historical data;
assumes demand is mostly constant; reordering based on reorder point may create
excess inventory
Advanced receiving - ANS-needed to be able to receive & bill pay separately
Advanced shipping - ANS-needed to be able to fulfill & invoice separately
All multi-curr features are enabled in a One-World account. What does the Base
Currency column with a value of "Yes" mean - ANS-The currency is used on subsidiary
records or the company information
Allow Child Record Editing - ANS-allow records to be edited directly when they display
as a SUBLIST
Alternate Date Range options - ANS-Date
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? - ANS-Group Time by Employee, and Combine Time Items on Invoices
An Invoiced Saved Search needs to display the Items and Original quantities from the
SO. Which join relationship - ANS-Created from fields
Assembly items - ANS-Members: non inventory & other charges; item price is
INDEPENDENT of members; separate COGS, income from components; decrease
asset accounts of member items and increase asset account of the assembly
Asset Creation - ANS-skips the proposal stage and creates the new assets
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