NS ERP Consultant Certification Questions
And Answers
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.
Which 2 configurations are required to meet these requirements?
A. Set a default value based on the Class of the current user.
B. Enable the accounting preference Make Classes Mandatory. Accounting Preferences >
General > Classifications
C. Disable the accounting preference Make Classes Mandatory.
D. Create a dummy value called "No Class" to select on transactions where a product line is not
applicable. B, D
Which action is recommended for undesired accounts in preparing for go-live?
A. Leave undesired accounts active to avoid disabling features.
B. Leave undesired accounts active in case transactions post to them.
C. Inactivate undesired accounts to remove them from searches and reports.
, NS ERP Consultant Certification Questions
And Answers
D. Inactivate undesired accounts to prevent transactions from posting to them. B
!!!
What is a benefit of viewing Chart of Accounts with Show Inactives Marked?
A. Accounts can be sorted by subsidiary.
B. The Inline Editing option becomes available.
C. Amounts posted to inactive default accounts are visible.
D. Inactive and delete checkboxes can be used to disable features. C
Which three valid characteristics affect setting up and assigning NetSuite default segments
(Department / Class / Location)?
A. Locations are available for tracking inventory.
B. Segments can be used to restrict data access.
C. Segments can be defined in relation to each other.
D. Only Classes can be configured for Commissions.
E. Departments can be defined in a hierarchy for reporting purposes. A, B, E
Which segment combinations require SuiteScript?
, NS ERP Consultant Certification Questions
And Answers
A. Limit Account to specific Classes
B. Limit Class to specific Departments
C. Limit Account to specific Subsidiaries
D. Limit Department to specific Subsidiaries B
Which two statements are true about the Multiple Calendars feature?
A. Without this feature, Tax Periods are the same as Accounting Periods.
B. Without this feature, the Tax Years are the same across all subsidiaries.
C. With this feature, U.S. and Canadian subsidiaries can utilize Tax Period functionality.
D. With this feature, different fiscal calendar definitions can be used on the same subsidiary for
accounting and tax periods. B, D
What is the impact of enabling the "Void Transactions Using Reversing Journals" setting?
A. It displays a VOID button on the transaction and voids the Journal Entry.
B. It displays a VOID button on the transaction and creates a Reversing Journal Entry.
C. It displays a CANCEL button on the transaction and allows a manual Journal Entry to be
associated.
, NS ERP Consultant Certification Questions
And Answers
D. It displays a CANCEL button on the transaction and negates the GL impact, making the
transaction non-posting. B
All multi-currency features are enabled in a OneWorld account. Given the following image of the
NetSuite currencies screen:
What does the Base Currency column with a value of "Yes" mean?
A. The currency is used on bank account records.
B. The currency is used on customer or vendor records.
C. The currency is used on subsidiary records or the company information.
D. The currency record was flagged as allowable for setup as a Base Currency. C
SuiteAnswers 7723
The currency record displays *Is Base Currency* when it has been selected as the base currency
for a subsidiary in OneWorld accounts, or on the Company Information page for an account. You
cannot edit this field on the currency record.
Which functionality is included when the Consolidated Payments feature is enabled?
A. The credit limit set on individual subcustomers records is enforced.
And Answers
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.
Which 2 configurations are required to meet these requirements?
A. Set a default value based on the Class of the current user.
B. Enable the accounting preference Make Classes Mandatory. Accounting Preferences >
General > Classifications
C. Disable the accounting preference Make Classes Mandatory.
D. Create a dummy value called "No Class" to select on transactions where a product line is not
applicable. B, D
Which action is recommended for undesired accounts in preparing for go-live?
A. Leave undesired accounts active to avoid disabling features.
B. Leave undesired accounts active in case transactions post to them.
C. Inactivate undesired accounts to remove them from searches and reports.
, NS ERP Consultant Certification Questions
And Answers
D. Inactivate undesired accounts to prevent transactions from posting to them. B
!!!
What is a benefit of viewing Chart of Accounts with Show Inactives Marked?
A. Accounts can be sorted by subsidiary.
B. The Inline Editing option becomes available.
C. Amounts posted to inactive default accounts are visible.
D. Inactive and delete checkboxes can be used to disable features. C
Which three valid characteristics affect setting up and assigning NetSuite default segments
(Department / Class / Location)?
A. Locations are available for tracking inventory.
B. Segments can be used to restrict data access.
C. Segments can be defined in relation to each other.
D. Only Classes can be configured for Commissions.
E. Departments can be defined in a hierarchy for reporting purposes. A, B, E
Which segment combinations require SuiteScript?
, NS ERP Consultant Certification Questions
And Answers
A. Limit Account to specific Classes
B. Limit Class to specific Departments
C. Limit Account to specific Subsidiaries
D. Limit Department to specific Subsidiaries B
Which two statements are true about the Multiple Calendars feature?
A. Without this feature, Tax Periods are the same as Accounting Periods.
B. Without this feature, the Tax Years are the same across all subsidiaries.
C. With this feature, U.S. and Canadian subsidiaries can utilize Tax Period functionality.
D. With this feature, different fiscal calendar definitions can be used on the same subsidiary for
accounting and tax periods. B, D
What is the impact of enabling the "Void Transactions Using Reversing Journals" setting?
A. It displays a VOID button on the transaction and voids the Journal Entry.
B. It displays a VOID button on the transaction and creates a Reversing Journal Entry.
C. It displays a CANCEL button on the transaction and allows a manual Journal Entry to be
associated.
, NS ERP Consultant Certification Questions
And Answers
D. It displays a CANCEL button on the transaction and negates the GL impact, making the
transaction non-posting. B
All multi-currency features are enabled in a OneWorld account. Given the following image of the
NetSuite currencies screen:
What does the Base Currency column with a value of "Yes" mean?
A. The currency is used on bank account records.
B. The currency is used on customer or vendor records.
C. The currency is used on subsidiary records or the company information.
D. The currency record was flagged as allowable for setup as a Base Currency. C
SuiteAnswers 7723
The currency record displays *Is Base Currency* when it has been selected as the base currency
for a subsidiary in OneWorld accounts, or on the Company Information page for an account. You
cannot edit this field on the currency record.
Which functionality is included when the Consolidated Payments feature is enabled?
A. The credit limit set on individual subcustomers records is enforced.
