Which 3 requirements can be addressed using standard NS functionality in Accounting Preferences? :ANS: - 1. Automatically Email Drop Ship PO's, 2. Send Order Fulfilled Confirmation Emails, 3. Send Email Confirmation when SO is cancelled. 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? :ANS: - 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 :ANS: - Leave undesiredaccounts active in case transactions post to them What is a benefit of viewing Chart of Accounts with Show Inactives Marked :ANS: - Amounts postedto inactive default accounts are visible Which 3 valid characteristics affect seeting up and assigning NS default segments (Dept/Class/Location) :ANS: - 1. Locations are available for tracking inventory, 2. Segmenets can beused to restrict data access, 3. Departemnets can be defined in a hierarchy for reporting purposed Which segment combinations require SuiteScript? :ANS: - Limit Class to specific Departments (noScript required: Limit account to specific Class or subsid, and limit dept to subsid) Which two statements are true about the Multiple Calendars feature :ANS: - Without this feature, theTax 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 :ANS: - Itdisplays 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 :ANS: - The currency is used on subsidiary records or the companyinformation Which functionality is included when the Consolidated Payments feature is enabled :ANS: - The A/RAging report shows the un-consolidated balance for each sub customer

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jordancarter 7 months ago

This study guide is clear, well-organized, and covers all the essential topics. The explanations are concise, making complex concepts easier to understand. It could benefit from more practice questions, but overall, it's a great resource for efficient studying. Highly recommend!
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