NetSuite NetSuite Financial User Practice Exams
Last updated on Oct 21,2026- Exam Code: NetSuite Financial User
- Exam Name: NetSuite Financial User Certification
- Certification Provider: NetSuite
- Latest update: Oct 21,2026
Which three record types can be tagged Department | Class | Location? (Choose Three)
- A . Customers
- B . Items
- C . Transactions
- D . Employees
What is a characteristic of Intercompany JEs?
- A . An elimination subsidiary must be one of the included subsidiaries
- B . They require a minimum of 2 lines
- C . If they are unbalanced between subsidiaries, they must balance within each subsidiary
- D . The exchange rate can be set manually
Which two options are possible to set in NetSuite? (Choose Two)
- A . Prevent fulfillment of a Sales Order for Customers over their Credit Limit
- B . Allow Estimates/Quote for customers over their Credit Limit but show a warning to the person entering the order.
- C . Prevent Sales Orders being entered for Customers over their credit limit
- D . Allow Sales orders for customers over their credit limit, but show a warning to the person entering the order
Which two statements are true about Invoices in NetSuite? (Choose two)
- A . Invoices can be created without reference to a Sales Order.
- B . Multiple Sales Orders can generate one Invoice.
- C . Invoices can be assigned to Sales Orders after the Invoice has been created.
- D . The Electronic Invoicing SuiteApp allows sending of individual invoices or batches.
which 2 record types can be applied to customer payment (choose 2)
- A . refund
- B . credit memo
- C . customer deposit
- D . cash sales
What is the significance of the Account Type for any given account?
- A . It affects the subsidiary assignment.
- B . It determines the exchange rate on posted transactions.
- C . It determines the default section in financial statements
- D . It controls access by users
What does the setting "Accept Payment at Top Level Customer" allow for?
- A . Sub customers cannot pay their own bills
- B . Customers may pay the bills of Sub customers
- C . Sub customers may pay the bills of their parent
- D . Allows Refunds and Credits at parent level.
What are two considerations for managing multiple fiscal calendars? (Choose 2)
- A . A fiscal calendar can be used by multiple subsidiaries
- B . Periods are created separately for each fiscal calendar
- C . Periods are shared across fiscal calendars
- D . a subsidiary can have multiple fiscal calendars without multi-book
What is the purpose of an elimination subsidiary?
- A . Entering non-posting transactions
- B . Posting non-auditable transactions
- C . Offsetting expenses between departments
- D . Offsetting intercompany transactions
Which two options should be selected to create a memorized transaction for the electric bill, which varies in amount each month but will continue until canceled?
- A . Action: Reminder
- B . Override Transaction Date
- C . Action: Automatic
- D . Indefinite
- E . Number Remaining