SuiteFoundation Certification Exam Exam QuestionsBrowse all questions from this exam

SuiteFoundation Certification Exam Exam - Question 3


Which record is a non-posting transaction?

Show Answer
Correct Answer: C

A non-posting transaction is one that does not affect the company's general ledger balances or financial statements. Among the options provided, a Sales Order fits this definition. A Sales Order is a record of a customer's intent to purchase, but it does not immediately affect accounting records until further steps are taken, such as invoicing or shipping the goods. Therefore, the correct answer is Sales Order.

Discussion

5 comments
Sign in to comment
mistyblue1995Option: C
Feb 21, 2023

The following transaction types are always non-posting: Estimate Liability Adjustment Opportunity Payroll Adjustment Purchase Order Return Authorization Revenue Arrangement Sales Order Transfer Order Vendor Return Authorization Work Order

bworkshopOption: C
Jun 21, 2023

Sales Order is a non posting transaction

FanOfHavingFunOption: C
Aug 3, 2023

C makes sense

dtlimOption: C
Dec 22, 2023

https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N1452887.html#Non-Posting-Transactions-in-Locked-and-Closed-Periods

jxl200010
Jan 25, 2024

A non-posting transaction is a planned activity that is not yet final. Non-posting transactions do not affect the general ledger balance, financial statements, or accounts. e.g. Estimate, Opportunity, Adjustment, Order, Authorization, Arrangement