SUITEFOUNDATION FINAL PAPER 2025/2026 QUESTIONS
WITH ANSWERS RATED A+
✔✔What is the US Edition Type of Tax? - ✔✔Sales Tax
✔✔Does the US Edition have Precoded Tax? - ✔✔Requires state tax import
✔✔Does Australia edition have Precoded Tax? - ✔✔Yes
✔✔What is Australia Edition Type of Tax? - ✔✔GST
✔✔Does Australia edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Australia edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does Canada Edition have Precoded Tax? - ✔✔Yes
✔✔What is Canada Edition's Type of Tax? - ✔✔GST, PST
✔✔Does Canada Edition have Tax Reporting Periods? - ✔✔No
✔✔Does Canada edition have Foreign Trade Setting? - ✔✔No
✔✔Does Japan Edition have Precoded Tax? - ✔✔Yes
✔✔What is Japan Edition's Type of Tax? - ✔✔Consumption Tax
✔✔Does Japan Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Japan edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does UK Edition have Precoded Tax? - ✔✔Yes
✔✔What is UK Edition's Type of Tax? - ✔✔VAT
✔✔Does UK Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does UK edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does Intl Edition have Precoded Tax? - ✔✔No
✔✔Intl Edition Type of Tax - ✔✔N/A
, ✔✔Does Intl Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Intl Edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does NetSuite OneWorld have Tax Reporting Periods? - ✔✔Yes, One set across all
subs, unless you enable calendars.
✔✔Can you turn off multi-location inventory? - ✔✔After you have enabled the Multi-
Location Inventory feature and distributed items, you cannot turn the feature off without
contacting Customer Support.
✔✔What are the CRM lists? - ✔✔Buying Reason, Buying Time Frame, Contact
Category, Contact Role, Lead Source, Note Type, Partner Category/Role, Sales
Readiness, Sales Role, Win/Loss Reason
✔✔Where do you select classifications (Departments, Locations, Classes)? - ✔✔Enable
Features
✔✔Where do you select Multiple Units of Measure? - ✔✔Enable Features
✔✔Where do you select Use Deletion Reason? - ✔✔Enable Features
✔✔Where do you select Accounting, A/R, A/P, Accounting Periods, GL Audit
Numbering? - ✔✔Enable Features
✔✔Where do you select Advanced Shipping, Advanced Receiving, Advanced Billing? -
✔✔Enable Features
✔✔Where do you select Default Customer Type, Default Vendor Type, Default Partner
Type? - ✔✔General Preferences
✔✔Where do you set password policy? - ✔✔General Preferences
✔✔Where do you select Date and Number formats for the company? - ✔✔General
Preferences
Set Preferences
✔✔Where do you make Departments, Classes, Locations mandatory? - ✔✔Accounting
Preferences
✔✔Where do you select default item/ transaction accounts? - ✔✔Accounting
Preferences
WITH ANSWERS RATED A+
✔✔What is the US Edition Type of Tax? - ✔✔Sales Tax
✔✔Does the US Edition have Precoded Tax? - ✔✔Requires state tax import
✔✔Does Australia edition have Precoded Tax? - ✔✔Yes
✔✔What is Australia Edition Type of Tax? - ✔✔GST
✔✔Does Australia edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Australia edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does Canada Edition have Precoded Tax? - ✔✔Yes
✔✔What is Canada Edition's Type of Tax? - ✔✔GST, PST
✔✔Does Canada Edition have Tax Reporting Periods? - ✔✔No
✔✔Does Canada edition have Foreign Trade Setting? - ✔✔No
✔✔Does Japan Edition have Precoded Tax? - ✔✔Yes
✔✔What is Japan Edition's Type of Tax? - ✔✔Consumption Tax
✔✔Does Japan Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Japan edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does UK Edition have Precoded Tax? - ✔✔Yes
✔✔What is UK Edition's Type of Tax? - ✔✔VAT
✔✔Does UK Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does UK edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does Intl Edition have Precoded Tax? - ✔✔No
✔✔Intl Edition Type of Tax - ✔✔N/A
, ✔✔Does Intl Edition have Tax Reporting Periods? - ✔✔Yes
✔✔Does Intl Edition have Foreign Trade Setting? - ✔✔Yes
✔✔Does NetSuite OneWorld have Tax Reporting Periods? - ✔✔Yes, One set across all
subs, unless you enable calendars.
✔✔Can you turn off multi-location inventory? - ✔✔After you have enabled the Multi-
Location Inventory feature and distributed items, you cannot turn the feature off without
contacting Customer Support.
✔✔What are the CRM lists? - ✔✔Buying Reason, Buying Time Frame, Contact
Category, Contact Role, Lead Source, Note Type, Partner Category/Role, Sales
Readiness, Sales Role, Win/Loss Reason
✔✔Where do you select classifications (Departments, Locations, Classes)? - ✔✔Enable
Features
✔✔Where do you select Multiple Units of Measure? - ✔✔Enable Features
✔✔Where do you select Use Deletion Reason? - ✔✔Enable Features
✔✔Where do you select Accounting, A/R, A/P, Accounting Periods, GL Audit
Numbering? - ✔✔Enable Features
✔✔Where do you select Advanced Shipping, Advanced Receiving, Advanced Billing? -
✔✔Enable Features
✔✔Where do you select Default Customer Type, Default Vendor Type, Default Partner
Type? - ✔✔General Preferences
✔✔Where do you set password policy? - ✔✔General Preferences
✔✔Where do you select Date and Number formats for the company? - ✔✔General
Preferences
Set Preferences
✔✔Where do you make Departments, Classes, Locations mandatory? - ✔✔Accounting
Preferences
✔✔Where do you select default item/ transaction accounts? - ✔✔Accounting
Preferences