NetSuite SuiteFoundation Exam 1- Solved
2 Vendor Payment Methods - ANS-ACH and Electronic payments
3 Types of Customer Payments: - ANS-EFT (electronic funds transfer), Paypal on web
store, Credit Card processing
4 types of records - ANS-1. entity
2. transactions
3. CRM
4. Item
A Sales order is a - ANS-commitment to sell items or service
Accounts Receivable does what? - ANS-Tracks unpaid goods and services
ACH (what is it, and it is the only way to do what?) - ANS-Automated Clearing House
(process transactions through ACH network for EFT) The only way to pay vendors in
NS.
Assembly Item (2 things) - ANS-1. Lot numbered or serialized
2. item where you have other items that need to be assembled
Before customizing something, always distinguish... - ANS-What type of record is it?
Case - ANS-Interaction between a customer and NS support
Classes - ANS-used for wider categorization within the business unit
Classification - ANS-used measure your business and track records
Controlling employee access (3 options) - ANS-1. IP restrictions
2. Limit admin access
3. remove employee before term
Create (What does this permission allow you to do? 2 things) - ANS-1. View existing
records and create new ones
2. You can read and create records, but you cannot edit or modify records
CRM - ANS-activities with customers
Drop Ship Items are sent - ANS-directly from vendor to customer
Edit (what does this permission allow you to do? (2 things) - ANS-1. View, create, and
modify records
2. you can do everything to a record except delete them
