Quickbooks Exam Questions With 100% Correct Answers.

Quickbooks Exam Questions With 100% Correct Answers. In what QBO subscriptions can you prepare and print 1099s? - answerPlus and Advanced What is the migration utility? - answerA tool that assists with importing all data from a QuickBooks Desktop company file to QuickBooks Online Why create the Chart of Accounts? - answerTo categorize assets, liabilities, expenditures, and revenue From where do you access the Sales(/Invoicing) center? - answerNavigation bar Barry wants to show appreciation to his best customer by discounting all their purchases by 10%. What's the most effective way for him to do this? - answerCreate a price rule and apply the rule to the customer. You just started using QuickBooks to manage your existing business. Your customer list is in Excel. How do you get the list into QuickBooks? - answerImport the customer list. In what account do you collect more than one payment before making a deposit? - answerUndeposited Funds A customer wants an order she is placing with you to be sent to an address that is not the same as the billing address you have on file for her. What do you do? - answerEnter the billing and shipping addresses on the Customer Information form. What report helps you manage cash flow by showing you each customer with an open balance and how long the account has been outstanding? - answerA/R Aging Summary Akim is entering a bill from a new vendor whose name does not appear in the Choose a Vendor menu. What should he do? - answerChoose Add New from the menu and create the new vendor right from the bill. Camilla wants her Bill form to credit an account other than Accounts Payable. What do you tell her? - answerThat default setting can't be changed, and it makes sense that a Bill form credits Accounts Payable. A vendor transaction is recorded as an expense wh