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New N16599GC10 Test Syllabus - Latest N16599GC10 Braindumps Files
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Oracle N16599GC10 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- 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 3
- 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 4
- Accounts Payable: This section of the exam measures skills of Accounts Payable Specialists and covers the NetSuite accounts payable process. It includes setting up vendor records, creating purchase orders, processing bills, and executing vendor payments. Candidates are evaluated on their ability to manage payables efficiently within standard NetSuite workflows.
Topic 5
- Journal Entries: This section of the exam measures the skills of General Ledger Accountants and covers the creation and management of journal entries. It includes differentiating between elimination and intercompany journal entries and understanding their setup and use within NetSuite financial structure.
Topic 6
- 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 7
- Budgeting: This section of the exam measures the skills of Financial Planning Analysts and focuses on creating and reporting budgets in NetSuite. It evaluates the ability to develop accurate financial forecasts and use built-in budgeting tools to support business planning and reporting.
Topic 8
- 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.
Topic 9
- 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).
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Oracle NetSuite Financial User Sample Questions (Q55-Q60):
NEW QUESTION # 55
Which is recommended for setting up new accounting periods?
- A. use one-day year end adjustment period for year-end closing journal entries to retained earnings
- B. create accounting period one at a time to avoid multiple open periods
- C. set up new year and new quarter at the beginning of the fiscal year
- D. Use set-up full year to generate all periods at once for full year
Answer: D
NEW QUESTION # 56
which statement is true about assigning a billing schedule to an item record?
- A. it requires that items on the same sales order have billing schedule of some kind
- B. it requires that all items on the sales order used same billing schedule
- C. it forces all the lines on sales order to have billing schedule
- D. it ensures that item will always have the billing default in correctly on the sales order
Answer: D
NEW QUESTION # 57
which transaction transfers the customer deposit liability to offset the invoice accounts receivable GL impact?
- A. deposit application
- B. sales order
- C. credit memo
- D. journal entry
Answer: A
NEW QUESTION # 58
Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash
- A. Transfer funds
- B. Write check
- C. Pay single vendor
- D. Purchase Order
Answer: B
NEW QUESTION # 59
Which statement is true about billing a purchase order in NetSuite?
- A. Vendor bills post to the general ledger, whether approved or not
- B. All bills must be created from a PO
- C. Standalone bills containing inventory line items have no inventory account impact
- D. Only approved vendor bills post to the general ledger
Answer: D
NEW QUESTION # 60
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