NETSUITE ERP COMPREHENSIVE SCRIPT 2026
FULL QUESTIONS CORRECT ANSWERS
◉ How does NS determine transaction tax periods? Answer: From
transaction's date and open tax periods.
◉ Can tax periods be entered manually on a transaction record for
standard NS? Answer: No. The form can be customized to show the
tax period column.
◉ Is the Multiple Calendars feature enabled by default? Answer: No
◉ Is Multiple Calendars feature available for non-OneWorld
accounts? Answer: No
◉ Under what circumstances can the Multiple Calendars feature be
disabled? Answer: New Fiscal Calendars have not been assigned to
Subsidiaries
◉ Can an entity record be saved as another type of entity record?
Answer: Yes. When one entity record is updated, the others are as
well
,◉ Consolidated Customer Payments feature Answer: Accept
payments from either top-level customer or the individual sub-
customer.
◉ Consolidated Customer Payments feature invoice visibility:
Answer: Invoices will appear for all in the hierarchy when viewing
the top-level customer
◉ Consolidated Customer Payments balance fields: Answer:
consolidate balance, overdue, days, consolidated deposit balance,
consolidate unbilled orders, consolidated aging fields
◉ What are additional features of the Consolidated Customer
Payments feature? Answer: Customer statements, credit limits and
holds, reports and KPIs
◉ Can you accept payments for a sub customer in a different
subsidiary? Answer: No.
Alternate solution: creates journal entries to record payment in
different subsidiaries. Once created, the JE for the customer child is
offset against the open invoice via the Accept Customer Payment
page.
, ◉ How many subsidiaries do vendors get with Multi-Subsidiary
Vendors enabled? Answer: One primary subsidiary, unlimited
number of secondary subsidiaries
◉ With Multi-Subsidiary vendors, what can you set differently?
Answer: Credit limits, items and prices, tax agencies
◉ Can you set different logos and addresses for Multi-Subsidiary
vendors for printed/emailed transactions? Answer: Yes, with
advanced PDF/HTML templates
◉ What is the difference between drop-ship and special orders?
Answer: Special orders are received into inventory and show your
company's shipping address.
Drop-ship items show the customer's shipping address.
◉ What happens if a drop ship item is received by clicking Receive?
Answer: It creates an inventory asset accounting transaction
◉ What happens when the Multiple Shipping Routes feature is
enabled? Answer: You can ship to several address with different
shipping methods on the same transaction
◉ Which NetSuite editions is the Multiple Shipping Routes feature
available on? Answer: US and International
FULL QUESTIONS CORRECT ANSWERS
◉ How does NS determine transaction tax periods? Answer: From
transaction's date and open tax periods.
◉ Can tax periods be entered manually on a transaction record for
standard NS? Answer: No. The form can be customized to show the
tax period column.
◉ Is the Multiple Calendars feature enabled by default? Answer: No
◉ Is Multiple Calendars feature available for non-OneWorld
accounts? Answer: No
◉ Under what circumstances can the Multiple Calendars feature be
disabled? Answer: New Fiscal Calendars have not been assigned to
Subsidiaries
◉ Can an entity record be saved as another type of entity record?
Answer: Yes. When one entity record is updated, the others are as
well
,◉ Consolidated Customer Payments feature Answer: Accept
payments from either top-level customer or the individual sub-
customer.
◉ Consolidated Customer Payments feature invoice visibility:
Answer: Invoices will appear for all in the hierarchy when viewing
the top-level customer
◉ Consolidated Customer Payments balance fields: Answer:
consolidate balance, overdue, days, consolidated deposit balance,
consolidate unbilled orders, consolidated aging fields
◉ What are additional features of the Consolidated Customer
Payments feature? Answer: Customer statements, credit limits and
holds, reports and KPIs
◉ Can you accept payments for a sub customer in a different
subsidiary? Answer: No.
Alternate solution: creates journal entries to record payment in
different subsidiaries. Once created, the JE for the customer child is
offset against the open invoice via the Accept Customer Payment
page.
, ◉ How many subsidiaries do vendors get with Multi-Subsidiary
Vendors enabled? Answer: One primary subsidiary, unlimited
number of secondary subsidiaries
◉ With Multi-Subsidiary vendors, what can you set differently?
Answer: Credit limits, items and prices, tax agencies
◉ Can you set different logos and addresses for Multi-Subsidiary
vendors for printed/emailed transactions? Answer: Yes, with
advanced PDF/HTML templates
◉ What is the difference between drop-ship and special orders?
Answer: Special orders are received into inventory and show your
company's shipping address.
Drop-ship items show the customer's shipping address.
◉ What happens if a drop ship item is received by clicking Receive?
Answer: It creates an inventory asset accounting transaction
◉ What happens when the Multiple Shipping Routes feature is
enabled? Answer: You can ship to several address with different
shipping methods on the same transaction
◉ Which NetSuite editions is the Multiple Shipping Routes feature
available on? Answer: US and International
