1|Page
NETSUITE FOUNDATION TESTBANK LATEST
WITH ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS ALREADY GRADED A+
100% GUARANTEED PASS!
Enable Features Path - .....ANSWER ...✔✔ Setup >
Company > Enable Features
Enable Features is not for - .....ANSWER ...✔✔ telling
or adjusting NetSuite to behave a certain way.
Enable Features Tabs - .....ANSWER ...✔✔ Company,
Accounting, Tax, Transactions, Items/Inventory,
Employees, CRM, Analytics, Web Presence, SuiteCloud
Departments - .....ANSWER ...✔✔ to track transaction
activity by department, division or other category.
You can rename this categorization to your liking at
Setup > Company > Rename Records/Transactions.
,2|Page
Location - .....ANSWER ...✔✔ to manage information
and activity for distinct locations within your company.
For example, companies with multiple offices or
warehouses can associate transactions and employees
with a location. Then you can view reports with data
sorted by location.
Classes - .....ANSWER ...✔✔ Check this box to use
classes to help you sort transactions in any way you find
helpful.
Clearing this check box will give you fewer fields to fill
out on transaction pages.
You can rename this categorization to your liking at
Setup > Company > Rename Records/Transactions.
Projects - .....ANSWER ...✔✔ to track projects for
customers. A project is a subrecord of a customer record
that shows costs and revenues for a particular project.
Project Management - .....ANSWER ...✔✔ Track
detailed information about projects and manage them
separately from customer records.
,3|Page
Project Management enables you to do the following:
Identify a task for each step required to complete a
project.
Track resources contributing to project completion, such
as employees who are assigned to complete tasks or
vendors you subcontract work to.
Track expenditures such as billable time and items.
Track the percentage of progress toward project
completion as employees log time.
Bill customers when milestone tasks are completed.
Track CRM information such as activities and
communication for each project.
Planned Work - .....ANSWER ...✔✔ Track projects by
creating a fixed project plan. Project plans are not
adjusted when work is tracked outside the original fixed
plan.
Planned Work enables project managers to compare
the actual versus planned work for each project.
Job Costing and Project Budgeting - .....ANSWER
...✔✔ to enable job costing and project budgeting.
, 4|Page
Job costing enables you to associate costs with project
labor and account for those costs in your general
ledger.
Project budgeting enables you to set budgets at the
project and project task level for both costs and billings.
Budget information is available in reports, letting you
compare your budget and true project financials.
Advanced Project Profitability - .....ANSWER ...✔✔
Track project profitability based on accounts and items.
You can also create custom configurations to tailor your
project profitability report to your business.
Multiple Units of measure - .....ANSWER ...✔✔ to
define various units used to stock, purchase, and sell
inventory items, and track non-monetary accounts. This
feature must be enabled to use the Statistical Accounts
feature, located on the Accounting subtab, under
Advanced Features.
Use Deletion Reason - .....ANSWER ...✔✔ to make it
mandatory for users to provide a reason for deleting
transaction records.
NETSUITE FOUNDATION TESTBANK LATEST
WITH ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS ALREADY GRADED A+
100% GUARANTEED PASS!
Enable Features Path - .....ANSWER ...✔✔ Setup >
Company > Enable Features
Enable Features is not for - .....ANSWER ...✔✔ telling
or adjusting NetSuite to behave a certain way.
Enable Features Tabs - .....ANSWER ...✔✔ Company,
Accounting, Tax, Transactions, Items/Inventory,
Employees, CRM, Analytics, Web Presence, SuiteCloud
Departments - .....ANSWER ...✔✔ to track transaction
activity by department, division or other category.
You can rename this categorization to your liking at
Setup > Company > Rename Records/Transactions.
,2|Page
Location - .....ANSWER ...✔✔ to manage information
and activity for distinct locations within your company.
For example, companies with multiple offices or
warehouses can associate transactions and employees
with a location. Then you can view reports with data
sorted by location.
Classes - .....ANSWER ...✔✔ Check this box to use
classes to help you sort transactions in any way you find
helpful.
Clearing this check box will give you fewer fields to fill
out on transaction pages.
You can rename this categorization to your liking at
Setup > Company > Rename Records/Transactions.
Projects - .....ANSWER ...✔✔ to track projects for
customers. A project is a subrecord of a customer record
that shows costs and revenues for a particular project.
Project Management - .....ANSWER ...✔✔ Track
detailed information about projects and manage them
separately from customer records.
,3|Page
Project Management enables you to do the following:
Identify a task for each step required to complete a
project.
Track resources contributing to project completion, such
as employees who are assigned to complete tasks or
vendors you subcontract work to.
Track expenditures such as billable time and items.
Track the percentage of progress toward project
completion as employees log time.
Bill customers when milestone tasks are completed.
Track CRM information such as activities and
communication for each project.
Planned Work - .....ANSWER ...✔✔ Track projects by
creating a fixed project plan. Project plans are not
adjusted when work is tracked outside the original fixed
plan.
Planned Work enables project managers to compare
the actual versus planned work for each project.
Job Costing and Project Budgeting - .....ANSWER
...✔✔ to enable job costing and project budgeting.
, 4|Page
Job costing enables you to associate costs with project
labor and account for those costs in your general
ledger.
Project budgeting enables you to set budgets at the
project and project task level for both costs and billings.
Budget information is available in reports, letting you
compare your budget and true project financials.
Advanced Project Profitability - .....ANSWER ...✔✔
Track project profitability based on accounts and items.
You can also create custom configurations to tailor your
project profitability report to your business.
Multiple Units of measure - .....ANSWER ...✔✔ to
define various units used to stock, purchase, and sell
inventory items, and track non-monetary accounts. This
feature must be enabled to use the Statistical Accounts
feature, located on the Accounting subtab, under
Advanced Features.
Use Deletion Reason - .....ANSWER ...✔✔ to make it
mandatory for users to provide a reason for deleting
transaction records.
