NetSuite Financial User Certification Exam Questions and Answers Rated A+

NetSuite Financial User Certification Exam Questions and Answers Rated A+ Subsidiary - ANSWER ️️ separate legal entity 125 - ANSWER ️️ max number of subs (new) elimination subsidiary - ANSWER ️️ where you balance out consolidation Yes - ANSWER ️️ Can different subsidiaries have different fiscal calendars? No - ANSWER ️️ Can subsidiaries be deleted after they have been created Department - ANSWER ️️ Usually assigned to teams 50 - ANSWER ️️ max # of locations allowed 3 types of financial statements - ANSWER ️️ Balance Sheet, Income Statement, Statement of Cash Flows Account Type - ANSWER ️️ How does NS group/categorize accounts? Inactive, non-posting - ANSWER ️️ 2 characteristics of summary accounts 1 - ANSWER ️️ How many subsidiaries can a bank account be linked to? Yes - ANSWER ️️ Can you create an invoice without a SO? Sales Order - ANSWER ️️ 1st step in A/R process Fulfillment - ANSWER ️️ When do SOs have a GL impact?