DumpsBase 2024: NetSuite Financial User Exam Dumps Ensure That You Can Achieve Success on the First Attempt

1. How can the financial reports be kept separate when tracking finances for two wholly owned but distinct legal entities in one NetSuite account?

2. which two steps are recommended to track travel expenses by department (choose 2)

3. How does NetSuite set up a company record when you buy from and sell to the same company?

4. Which 3 statements are true about parent accounts in NetSuite (choose 3)?

5. which two settings are needed for billable items to appear on the customer invoice (choose 2)

6. which 2 record types can be applied to customer payment (choose 2)

7. which transaction transfers the customer deposit liability to offset the invoice accounts receivable GL impact?

8. A sales order should be billed when certain key project tasks have been completed

9. which statement is true about assigning a billing schedule to an item record?

10. Which two statements are true about vendors and multicurrency (choose 2)

11. Characteristics of purchase order in NetSuite?

12. Write Check transaction and a Pay Vendor transaction the difference?

13. To which account should the customer payments be posted, to consolidate all customer payments recorded through the day into one bank deposit at the end of the day?

14. Bank accounts interact with subsidiaries?

15. The simplest way to post bank service fees ... reconcile bank statement pages?

16. Which two boxes must be used to reverse the journal entry next month (choose 2)

17. What two transactions cause a Bill Variance journal entry to be posted?

18. On which financial statements are invoices summarized?

19. Which is recommended for setting up new accounting periods?

20. What are two considerations for managing multiple fiscal calendars? (Choose 2)

21. Which statement is true about inter-company journal entries?

22. Which statement is true about budgets in NetSuite?

23. Which two statement are true about setting up the intercompany expense allocation (choose 2)

24. Which expense allocation use case requires the use of statistical accounts?

25. Which are 2 elements unto to setting up financial sections in NetSuite financial report? (Choose 2)

26. What is the purpose of an elimination subsidiary?

27. Which three steps are required to prevent someone from accessing some accounts but not others?

28. How does enabling accounting features affect the chart of accounts?

29. Which account type is non-posting?

30. What is an example of a subsidiary?