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

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Dulce

3 months ago

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

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Barney

2 months ago

I don't think it would be fair to apply credits to bills with the smallest balance.

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Clay

2 months ago

D) The vendor bills with the smallest balance

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Rashida

2 months ago

I guess it could also make sense to apply them to the newest bills.

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Dahlia

2 months ago

C) The newest vendor bills

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Isaiah

2 months ago

I would have thought they would apply to the oldest bills first, but maybe not.

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Janey

2 months ago

B) The oldest vendor bills

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Elly

2 months ago

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

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Daniela

3 months ago

A) The vendor bills with a matching balance

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Ashlee

3 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.

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Tijuana

2 months ago

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

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Tyra

3 months ago

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

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Lillian

3 months ago

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

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Doretha

3 months ago

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

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Danica

3 months ago

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

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Filiberto

3 months ago

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

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Gwen

3 months ago

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

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Jesusita

4 months ago

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

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Daryl

4 months ago

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

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Xuan

4 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?

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Bernardo

3 months ago

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

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Lajuana

3 months ago

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

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Lajuana

3 months ago

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

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Crista

3 months ago

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

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Jesusita

4 months ago

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

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Adela

4 months ago

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

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Ashlyn

3 months ago

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

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Rosalind

3 months ago

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

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Kimbery

3 months ago

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

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Rasheeda

4 months ago

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

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