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N16599GC10 Valid Exam Tutorial | Cheap N16599GC10 Dumps
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Oracle N16599GC10 Exam Syllabus Topics:| Topic | Details | | Topic 1 | - Period and Year-End Close: This section of the exam measures the skills of Accounting Managers and covers best practices for closing accounting and tax periods in NetSuite. It includes managing multiple subsidiaries, handling separate fiscal calendars, and ensuring accurate and compliant financial closure processes.
| | Topic 2 | - Banking and Payment Processing: This section of the exam measures skills of Treasury Analysts and covers managing default banking transactions in NetSuite. It involves setting up cash and bank accounts, processing payments, and reconciling monthly bank and credit card statements. The focus is on maintaining accuracy and compliance in financial reconciliation.
| | Topic 3 | - Accounts Receivable: This section of the exam measures skills of Accounts Receivable Specialists and covers the end-to-end NetSuite accounts receivable process flow. It evaluates knowledge of customer record setup, invoice creation, customer payments, and deposits. The section also tests understanding of the general ledger impact of receivable transactions and best practices in managing customer-related financial operations.
| | Topic 4 | - Billing Schedules: This section of the exam measures skills of Billing Analysts and covers the configuration and use of billing schedules in NetSuite. It focuses on creating, managing, and applying billing schedules accurately to automate recurring invoicing and streamline the billing process.
| | Topic 5 | - Financial Reports and KPIs: This section of the exam measures the skills of Financial Reporting Analysts and covers building and interpreting financial reports using NetSuite Financial Report Builder Interface. It focuses on understanding how transactions impact reports and how to track financial performance through key performance indicators (KPIs).
| | Topic 6 | - Subsidiaries, Classifications, Chart of Accounts: This section of the exam measures skills of Financial Systems officers and covers understanding subsidiaries, their types, and their role in financial management within NetSuite. It includes knowledge of classifications such as departments, classes, and locations, and how they affect transactions and reporting. Candidates are also assessed on managing the chart of accounts, setting account types, and applying access restrictions appropriately.
| | Topic 7 | - Expense Allocations: This section of the exam measures the skills of Cost Accountants and covers setting up and managing expense allocations in NetSuite. It includes distinguishing between fixed and dynamic allocation modes and applying them effectively to distribute costs across departments or subsidiaries.
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Oracle NetSuite Financial User Sample Questions (Q51-Q56):NEW QUESTION # 51
When Vendor credits auto-apply, which vendor bills are they applied to?
- A. The vendor bills with the smallest balance
- B. The oldest vendor bills
- C. The vendor bills with a matching balance
- D. The newest vendor bills
Answer: B
NEW QUESTION # 52
How can the financial reports be kept separate when tracking finances for two wholly owned but distinct legal entities in one NetSuite account?
- A. use the multi-book accounting feature
- B. use separate fiscal calendars
- C. use subsidiaries
- D. use classes
Answer: C
NEW QUESTION # 53
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.
Answer: A,D
NEW QUESTION # 54
Which two criteria can be used to define a custom section in a custom financial statement? (Choose two)
- A. Account Balance
- B. Department
- C. Date of Account Created
- D. Name of Account
Answer: B,D
NEW QUESTION # 55
Which two statements are true about budgets in NetSuite? (Choose two.)
- A. Local budget amounts may fluctuate when consolidated to parent subsidiary view.
- B. Global budget amounts may fluctuate when viewed in root parent currency.
- C. Budgets can use statistical accounts
- D. Budgets set to "Enforce" prevent overspending.
Answer: A,C
NEW QUESTION # 56
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