NetSuite Exam NetSuite-Financial-User Topic 3 Question 22 Discussion

Actual exam question for NetSuite's NetSuite-Financial-User exam

Question #: 22
Topic #: 3

[All NetSuite-Financial-User Questions]

When Vendor credits auto-apply, which vendor bills are they applied to?

AThe vendor bills with a matching balance

BThe oldest vendor bills

CThe newest vendor bills

DThe vendor bills with the smallest balance

Show Suggested Answer

Suggested Answer: B

by Annice at Sep 18, 2024, 01:16 AM

Limited Time Offer

25%

Off

Get Premium NetSuite-Financial-User Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Dulce

27 days ago

This question is a real head-scratcher. I bet the vendor who wrote this exam has a vendetta against us or something.

upvoted 0 times

Elly

18 hours ago

I think it makes sense for the credits to be applied to bills with a matching balance.

upvoted 0 times

...

Daniela

17 days ago

A) The vendor bills with a matching balance

upvoted 0 times

...

Ashlee

1 months ago

Hmm, I'd go with C. The newest bills are the ones that need attention the most, so that's where the credits should go.

upvoted 0 times

Tijuana

7 days ago

I'm not sure, but I think it might be D. The credits could go to the vendor bills with the smallest balance.

upvoted 0 times

...

Tyra

10 days ago

I agree with you, I would also choose C. The newest bills should be the priority for applying credits.

upvoted 0 times

...

Lillian

20 days ago

I think it's actually A. The credits are applied to the vendor bills with a matching balance.

upvoted 0 times

...

Doretha

1 months ago

B is the answer, right? I mean, the oldest bills should get priority, don't they?

upvoted 0 times

Danica

17 days ago

Exactly, it helps in maintaining a clear record of transactions with vendors.

upvoted 0 times

...

Filiberto

21 days ago

That makes sense. It's important to prioritize the oldest bills to keep everything organized.

upvoted 0 times

...

Gwen

23 days ago

Yes, B is the correct answer. The oldest vendor bills are the ones that get auto-applied first.

upvoted 0 times

...

Jesusita

1 months ago

Hmm, I'm not sure. Maybe it's the newest vendor bills that get the vendor credits.

upvoted 0 times

...

Daryl

1 months ago

I believe vendor credits are applied to the oldest vendor bills.

upvoted 0 times

...

Xuan

1 months ago

D seems like the way to go. Why wouldn't you want to apply the credits to the bills with the smallest balance first?

upvoted 0 times

Bernardo

22 days ago

True, it really comes down to the company's preferences and financial situation.

upvoted 0 times

...

Lajuana

23 days ago

I think it depends on the company's payment strategy. Some may prefer to clear out the oldest bills first.

upvoted 0 times

...

Lajuana

28 days ago

But what if there are bills with a matching balance? Wouldn't those be the priority?

upvoted 0 times

...

Crista

1 months ago

I agree, applying credits to bills with the smallest balance first makes sense.

upvoted 0 times

...

Jesusita

1 months ago

I think vendor credits are applied to the vendor bills with a matching balance.

upvoted 0 times

...

Adela

2 months ago

I think the correct answer is A. The vendor bills with a matching balance make the most sense for auto-apply credits.

upvoted 0 times

Ashlyn

21 days ago

I'm not sure, but I think it's important to understand how vendor credits are applied to bills.

upvoted 0 times

...

Rosalind

23 days ago

I believe it's actually the vendor bills with the smallest balance that the credits are applied to.

upvoted 0 times

...

Kimbery

27 days ago

I think it could also be the oldest vendor bills that the credits are applied to.

upvoted 0 times

...

Rasheeda

1 months ago

I agree, it would make sense for the credits to be applied to vendor bills with a matching balance.

upvoted 0 times

...