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Exam NetSuite ERP Consultant topic 1 question 97 discussion

Actual exam question from NetSuite's NetSuite ERP Consultant
Question #: 97
Topic #: 1
[All NetSuite ERP Consultant Questions]

Which statement is true about Rollback and Reversal of Payment File Administration (PFA) records?

  • A. The rollback deletes all payments in the PFA record.
  • B. The reversal changes the File Processed status back to Queued.
  • C. The rollback creates a voiding journal for the reversed payment.
  • D. The reversal is only available for 24 hours from the time the record was created.
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Suggested Answer: A 🗳️
by nickzxi at March 1, 2024, 12:18 p.m.

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TomGreen
2 months, 1 week ago
D seems to be right as well Help: You can roll back payments within 24 hours after the payment file has been generated if the bank has not yet processed the associated payment file.
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nickzxi
9 months, 1 week ago
Selected Answer: A
ans - A In payment rollback, the payment file is deleted and all its associated payments are deleted. Ref - https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N1672610.html#Rollback
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