NetSuite NetSuite Financial User Practice Exams
Last updated on Oct 22,2026- Exam Code: NetSuite Financial User
- Exam Name: NetSuite Financial User Certification
- Certification Provider: NetSuite
- Latest update: Oct 22,2026
Which statement is true about billing a purchase order in NetSuite?
- A . All bills must be created from a PO
- B . Standalone bills containing inventory line items have no inventory account impact
- C . Only approved vendor bills post to the general ledger
- D . Vendor bills post to the general ledger, whether approved or not
Which row type in a Financial Report allows display of the same unmodified data from another row?
- A . Text Row
- B . Echo Row
- C . Formula Row
- D . Reference Row
Which statement is true about the Period Close Checklist?
- A . This is required for Year-End Close.
- B . Tasks may be completed in any order.
- C . Customer-specific steps can be added.
- D . Tasks displayed depend upon features enabled.
Which statement is true about inter-company journal entries?
- A . Minimum of four lines
- B . used to log intercompany eliminations
- C . balance within each subsidiary, they need not balance between subsidiaries
- D . maximum of six lines
Which statement is true about expense allocations?
- A . Allocation schedules can only be set to a frequency of once per month
- B . Allocation JEs must zero out the source expense account
- C . Allocation schedules can be assigned to any expense account
- D . Allocation schedules are assigned to specific purchase transactions
When Vendor credits auto-apply, which vendor bills are they applied to?
- A . The vendor bills with a matching balance
- B . The oldest vendor bills
- C . The newest vendor bills
- D . The vendor bills with the smallest balance
A Sales Order should be billed when certain key project tasks have been completed.
Which type of billing schedule should be used?
- A . Standard
- B . Charge Based
- C . Fixed Bid Milestone
- D . Time and Material
Which two criteria can be used to define a custom section in a custom financial statement? (Choose two)
- A . Date of Account Created
- B . Department
- C . Account Balance
- D . Name of Account
Which two settings are needed for billable items to appear on the customer invoice? (Choose 2)
- A . Billable Checkbox
- B . Memo
- C . Customer
- D . Invoice Number
Which statement is true about re-opening closed periods?
- A . The period close checklist is only required the first time you close a period
- B . Only administrator can re-open closed periods
- C . If only one period is re-opened, no other periods are affected
- D . A justification must be entered to re-open a closed period