NRM NetSuite ERP Consultant Exam Prep Questions and Answers

NRM NetSuite ERP Consultant Exam Prep Questions and Answers Take the sample exam online here. - ANSWER ️️ A82A-5CB05BFE3B98 Access Code: D7THL2E Revenue Recognition - Revenue Commitment - ANSWER ️️ Separates the billing and revenue recognition functions, enabling you to recognize revenue and bill customers at different times and to recognize revenue in amounts that differ from the amounts billed to customers. A revenue commitment is a non-posting transaction. It serves as the placeholder for the revenue recognition schedule that generates the posting revenue recognition journal entries Revenue Recognition - VSOE - ANSWER ️️ Vendor-Specific Objective Evidence (VSOE) feature to ensure that your company properly recognizes revenue for products and services sold as part of a bundle. Revenue Recognition - Revenue Recognition Schedule - ANSWER ️️ Determined the journal entries that need to be generated to record the impact of item sales. Revenue Recognition - Revenue Recognition Template - ANSWER ️️ Indicate how revenue from associated items should be posted Landed Cost - Landed Cost can be by - ANSWER ️️ Weight, Cost, Quantity, or manual Item Pricing - Pricing applied according to the quantity included in the line item - ANSWER ️️ By Line Quantity Item Pricing - Pricing is applied for all line items for the same item on a transaction - ANSWER ️️ By Overall Item Quantity Item Pricing - Pricing is applied for all items in the same hierarchy - ANSWER ️️ by Overall Parent Quantity SQL Functions : NULLIF - ANSWER ️️ To avoid divide by zero errors; if the results is zero, replace with null SQL Functions : CASE - ANSWER ️️ Returns value based on different conditions SQL Functions : IS NULL - ANSWER ️️ Display "unassigned" in results if blank SQL Functions : TO_CHAR - ANSWER ️️ Display date by day of the week SQL Functions : DECODE - ANSWER ️️ Compares 2 values, then returns specified parameter if they m