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What are settings for expenses? - Bills and expenses, purchase orders and messages What are the 4 settings for bills and expenses under expense settings - 1. Show items table on expense and purchase forms (only in PLUS) 2. Track expenses and items by customer (only in PLUS) 3. Make expenses and ...

One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? - 2 Your client is...

What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? - Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? - It is possible to add mo...

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - ANS - So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? - ANS - 1) Sign...

Why would you hide or collapse sub accounts on a report? - ANS - D.) To temporarily hide unnecessary details and hide parent accounts What should you do after you click Save and Close on a Customer Credit Memo? - ANS - D.) Choose between retained as an available credit, give a refund or apply to ...

One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - ANS - All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? - ANS - 2 Yo...

During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above - ANS - ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep ...

How do you edit a collections letter? - ANS - Choose COMPANY> PREPARE LETTERS WITH ENVELOPES> CUSTOMIZE LETTER TEMPLATES. What does the term "Double-Entry Accounting" mean? - ANS - There are always at least two accounts involved in every financial transaction. You suspect that someone ha...

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANS - It's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANS - only one user can access the data file The bank notified you...

Why would you hide or collapse sub accounts on a report? - ANS - To temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - ANS - Choose between retained as an available credit, give a refund or apply to an invoice ...

Why would you hide or collapse sub accounts on a report? - ANS - To temporarily hide unnecessary detail and hide parent accounts What should you do after you click and Save and Close on a Customer Memo? - ANS - Choose between retained as an available credit, give a refund or apply an invoice Whi...

What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? - ANS - Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? - ANS - It is possib...

Which of the following statements is true about entering and paying bills in Quickbooks? - ANS - If you record bills do not use write checks Which of the following statements is true regarding vendor credit memos? - ANS - vendor credit memos reduce what you owe When should you use the items tab ...