NetSuite-Administrator Exam Dumps - NetSuite Administrator Certification Questions and Answers

Managed bundles in NetSuite are bundles provided typically by third-party vendors or created in one account and distributed to others, where the original creator retains control over bundle updates and maintenance. Users in the target account (where the bundle is installed) cannot update a managed bundle; only the bundle provider can push updates. This ensures consistency, reliability, and integrity of the bundle's functionality across different accounts, preventing unauthorized modifications.References: NetSuite Help Center and SuiteAnswers articles on bundle management, specifically focusing on the distinctions between managed and unmanaged (custom) bundles.

The setting that allows a parent-child relationship among custom record values of the same record type in NetSuite is "Hierarchy." This setting enables the creation of hierarchical relationships within a single custom record type, allowing records to be organized in a structured manner, resembling a tree-like hierarchy. By utilizing the hierarchy setting, administrators can define records as parents or children of other records within the same type, facilitating organized data management and navigation. This is particularly useful for categorizing data, managing related records in a consolidated manner, and supporting more complex data structures within custom applications or processes built in NetSuite.References: NetSuite Help Center, Custom Record Documentation.V

Changing the name of an item in NetSuite does not retroactively alter the item's name in transactions from closed periods. The system is designed to maintain the integrity of historical data, including transaction records, by displaying the item name as it was at the time of the original transaction. This feature ensures that financial and sales reports remain consistent and accurate over time, regardless of subsequent changes to item names. It preserves the audit trail and facilitates accurate historical analysis and compliance with accounting principles.References: NetSuite's core principles of data integrity and consistency as outlined in the platform's documentation and training materials, with a specific focus on how changes to master data, such as item names, are handled in relation to historical transactions.

In NetSuite, to track and analyze the number of orders from a vendor that are late or not received, you would utilize a Transaction Search. Transaction Searches are versatile and powerful tools for examining a wide range of transactional data within NetSuite, including purchase orders, sales orders, invoices, and more. Specifically, for tracking late or unreceived orders from a vendor, you would filter the search results by setting criteria based on the transaction type (e.g., Purchase Orders), the vendor's name, and the status of the order (e.g., "Late" or "Pending Receipt"). This allows you to directly see transactions that are overdue or have not been fulfilled as expected. Transaction Searches can be customized to include fields that indicate the expected and actual receipt dates, providing clear visibility into delays or issues with vendor orders.References:

• NetSuite Help Center: Conducting Transaction Searches
• NetSuite SuiteAnswers ID 22802: How to Create a Transaction Search