NETSUITE ERP PREMIUM REVIEW SET 2026
PRACTICE SOLUTION GUARANTEED PASS
◉ A company has decided to use the Class segment to track product
lines on sales. They would like to force users to enter a value in this
field and have configured the system to show the class field at the
line level of transactions. What 2 configs are required? Answer: 1.
Enable the account pref: Make Classes Mandatory, 2. Create a
dummy value called "No Class"
◉ Which action is recommended for undesired accounts in
preparing for go-live Answer: Leave undesired accounts active in
case transactions post to them
◉ What is a benefit of viewing Chart of Accounts with Show
Inactives Marked Answer: Amounts posted to inactive default
accounts are visible
◉ Which 3 valid characteristics affect seeting up and assigning NS
default segments (Dept/Class/Location) Answer: 1. Locations are
available for tracking inventory, 2. Segmenets can be used to restrict
data access, 3. Departemnets can be defined in a hierarchy for
reporting purposed
,◉ Which segment combinations require SuiteScript? Answer: Limit
Class to specific Departments (no Script required: Limit account to
specific Class or subsid, and limit dept to subsid)
◉ Which two statements are true about the Multiple Calendars
feature Answer: Without this feature, the Tax Years are the same
across all subsids, AND With this feature, different fiscal calendar
defs can be used on the same subsid for accounting & tax periods
◉ What is the impact of enabling the "Void Transactions Using
Reversing Journals" setting Answer: It displays a VOID button on the
transaction and creates a Reversing JE
◉ All multi-curr features are enabled in a One-World account. What
does the Base Currency column with a value of "Yes" mean Answer:
The currency is used on subsidiary records or the company
information
◉ Which functionality is included when the Consolidated Payments
feature is enabled Answer: The A/R Aging report shows the un-
consolidated balance for each sub customer
◉ A company has customers with centralized purchasing
departments that buy products for multiple locations at the same
time. The customers want the products shipped to different
, locations from the same order. Which 2 features need to be enabled?
Answer: Multiple Shipping Routes & Enable Line Item Shipping
◉ A company's corp policy requires re-approval for any changes
made to approved sales orders prior to fulfillment. A SO was
entered, approved, then changed but did not go back thru the
approval process. Why? Answer: The "Require re-approval"pref is
not set
◉ A customer has multiple open SO's on file. A customer deposit is
applied to the wrong sales order. What process to unlink? Answer:
Change the SO to a cash sale
◉ What are 2 considerations for shipping integration Answer:
Tracking numbers assigned on the fulfillment flow back to the SO,
and Both FedEx and UPS support use of negotiated rates
◉ Which statement is true about enabling the Multi-Location
Inventory feature? Answer: The Enable Multi-Lccation Inventory
feature can be enabled anytime after enabling the Inventory Feature
◉ An employee reports eight hours of consulting services for 3 days
to the same customer. Which 2 invoicing prefs will produce an
invoice within 24 hours of time at the billable rate? Answer: Group
Time by Employee, and Combine Time Items on Invoices
PRACTICE SOLUTION GUARANTEED PASS
◉ A company has decided to use the Class segment to track product
lines on sales. They would like to force users to enter a value in this
field and have configured the system to show the class field at the
line level of transactions. What 2 configs are required? Answer: 1.
Enable the account pref: Make Classes Mandatory, 2. Create a
dummy value called "No Class"
◉ Which action is recommended for undesired accounts in
preparing for go-live Answer: Leave undesired accounts active in
case transactions post to them
◉ What is a benefit of viewing Chart of Accounts with Show
Inactives Marked Answer: Amounts posted to inactive default
accounts are visible
◉ Which 3 valid characteristics affect seeting up and assigning NS
default segments (Dept/Class/Location) Answer: 1. Locations are
available for tracking inventory, 2. Segmenets can be used to restrict
data access, 3. Departemnets can be defined in a hierarchy for
reporting purposed
,◉ Which segment combinations require SuiteScript? Answer: Limit
Class to specific Departments (no Script required: Limit account to
specific Class or subsid, and limit dept to subsid)
◉ Which two statements are true about the Multiple Calendars
feature Answer: Without this feature, the Tax Years are the same
across all subsids, AND With this feature, different fiscal calendar
defs can be used on the same subsid for accounting & tax periods
◉ What is the impact of enabling the "Void Transactions Using
Reversing Journals" setting Answer: It displays a VOID button on the
transaction and creates a Reversing JE
◉ All multi-curr features are enabled in a One-World account. What
does the Base Currency column with a value of "Yes" mean Answer:
The currency is used on subsidiary records or the company
information
◉ Which functionality is included when the Consolidated Payments
feature is enabled Answer: The A/R Aging report shows the un-
consolidated balance for each sub customer
◉ A company has customers with centralized purchasing
departments that buy products for multiple locations at the same
time. The customers want the products shipped to different
, locations from the same order. Which 2 features need to be enabled?
Answer: Multiple Shipping Routes & Enable Line Item Shipping
◉ A company's corp policy requires re-approval for any changes
made to approved sales orders prior to fulfillment. A SO was
entered, approved, then changed but did not go back thru the
approval process. Why? Answer: The "Require re-approval"pref is
not set
◉ A customer has multiple open SO's on file. A customer deposit is
applied to the wrong sales order. What process to unlink? Answer:
Change the SO to a cash sale
◉ What are 2 considerations for shipping integration Answer:
Tracking numbers assigned on the fulfillment flow back to the SO,
and Both FedEx and UPS support use of negotiated rates
◉ Which statement is true about enabling the Multi-Location
Inventory feature? Answer: The Enable Multi-Lccation Inventory
feature can be enabled anytime after enabling the Inventory Feature
◉ An employee reports eight hours of consulting services for 3 days
to the same customer. Which 2 invoicing prefs will produce an
invoice within 24 hours of time at the billable rate? Answer: Group
Time by Employee, and Combine Time Items on Invoices
