QuickBooks Full Course Bundled Package Graded A+ 2024 Updated.

What does a plus account let you do as an overview? - Answer Manage Bills, Track billable time, track inventory What is Matching Expenses? - Answer Using money spent for the business converts into expenses on quickbooks to match the amount spent. Self employed and simple start contains how...

Move each answer financial report from the list on the left to the correct description on the right. 1) Shows assets, liabilities, and equity at one point in time 2) Used to understand changes in revenues and expenditures 3) Shows income, expenses, and net income during a specific time period ...

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

Complete the following statement: The QuickBooks Online ____________ is a platform that you and your clients can use to build the perfect solution, by adding ___________ that bring additional functionality. - Answer 1. ecosystem; 2. apps How many points does your firm need to reach the platinum...

How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? - Answer Set a closing date You successfully reconciled the checking account last month. This month, when you begin to reconcile the same account, you notice the beginning balance calculated ...

Which 2 QuickBooks Online billing options include a discount on QuickBooks Time? A. ProAdvisor discount B. Direct discount C. Revenue share - Answer A. ProAdvisor discount B. Direct discount Where would you go to enable account numbering in the chart of accounts? A. The Chart of accounts t...

You can't add accounts that are not on the QuickBooks default list. Finish setting up and then add the accounts directly to the Chart of Accounts. - Answer When you set up a new QuickBooks company, how do you set up a new account that is not on the default list of accounts? If the company data...

Which two user types below would be able to write a check in Quickbooks Online. (Choose 2) - Answer - Company Admin - Standard user with vendor access only Select two benefits of using Quickbooks Online. - Answer - Companies can easily invite their outside accountant to access the QBO compan...

You need to record a new transaction from a sales receipt. In which order should you perform the actions? Place numbers next to the statements for correct order of steps. - Answer a. Select the receipt to make corrections or add missing information (1,2,3,4). 4 b. Create a new expense (1,2,3). 1 ...

You are a click away from seeing your work with: A)Restored backup files. B)Reports exported to Excel. C)Adobe Acrobat reports. D)Cloud access. E)All. - Answer Cloud Access Sign into QuickBooks Online with the following Internet browsers: A)Google Chrome or Mozilla Firefox. B)Safari or I...

cloud access - Answer You are a click away from seeing you work with all browsers - Answer Sign into Quickbooks Online with the following Internet browsers software as a service - Answer Quickbooks Online is an example of the chart of accounts - Answer When setting up your company, ...

Which of the following statements is true regarding Undeposited Funds in QuickBooks? 1. Undeposited Funds is an account used to record unpaid invoices. 2. Undeposited Funds is an item type usually associated with NSF fees. 3. Undeposited Funds is an account used to record payments before you ma...

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

Which form cannot be customized in QuickBooks? - Answer bill When should you not delete a check? - Answer You printed a check, and the check number has been used. For each statement below, identify if the statement is True or False. - Answer True: you can enter a check if the vendor fiel...

Client Needs Assessment Process - Answer Who, What, When, and How Who? - Answer Get to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - Answer Every business, large or small, has a variety of parts. You need to find our what th...

The _____ basis of accounting matches income for the period against expenses for the period? - Answer Accrual To change a column width in a report without changing the size of the print, you must? - Answer Print the Report in landscape orientation use Fit Report to one page wide option chan...

Which of the following is not one of the topics covered in Chapter 12? - Answer Setting up payroll Which of the following is not true about the Home page? - Answer Icons can be removed for activated features. Which of the following is not true about the Left Icon bar? - Answer The Left I...

What is one reason to not use a bank deposit or journal entry screen to record sales? - Answer If you record sales through the bank deposit or journal screen, the entry will not appear on sales reports. When should you not delete a check? - Answer You printed a check but and the check number ...

Account - Answer There are 2 types of accounts - real world accounts, such as checking accounts, and income and expense accounts that you use to group transactions for reporting purposes. For example, you may want to create expense accounts to track office supply purchases separately from advertis...

You are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: The display name is optional. - Answer True You are adding a new customer to Quickbooks Online. You are...

What information is required before setting up a QuickBooks file? (page 42) - Answer Bank statement How do you start a new company data file in QuickBooks (Easy Step Interview)? (page 42-46) - Answer 1. Click "create a new company" 2. Choose "Express Start" 3. Type in company name 4. S...

You've been hired by a company that started in 1911. They've never used QuickBooks. During the EasyStep Interview, what "Start Date" should you use? - Answer The date you want to begin tracking the company's finances in QuickBooks When setting up a new company through the EasyStep Intervie...

In quickBooks, how can you enter transaction information? - Answer Onscreen Journal and onscreen forms Which of the following tasks is completed from the Banking section of the Home page? - Answer Enter Credit Card Charges The Chart of Accounts can be accessed from which section of the hom...