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Exam SuiteFoundation Certification Exam topic 1 question 25 discussion

Actual exam question from NetSuite's SuiteFoundation Certification Exam
Question #: 25
Topic #: 1
[All SuiteFoundation Certification Exam Questions]

Which transaction will have a GL Impact on Accounts Payable?

  • A. Pending Bill Purchase Order
  • B. Cancelled Bill
  • C. Open Bill with Payment Hold
  • D. Fully Billed Purchase Order
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Suggested Answer: C 🗳️

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dtlim
6 months, 4 weeks ago
Selected Answer: C
A&D are incorrect Purchase orders are non-posting transactions. They do not post an amount to your ledger accounts. https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N1461991.html#Vendor%2FPurchase-Transaction-GL-Impact Open Vendor Bills increases the money you are due to pay out. The bill posts this as a $ increase in the Accounts Payable account.
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Khurram_jamill
1 year, 2 months ago
The correct answer is C. Open Bill with Payment Hold. When a bill is entered and saved with a payment hold status, it will have a GL impact on the accounts payable account. The other options do not have a direct impact on the accounts payable account.
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