Advanced bookkeeping - Study guides, Revision notes & Summaries

QuickBooks Practice Test 100 Questions with Verified Answers Which of the following reports answers the question "What transactions make up the current balance I owe each Vendor?" - CORRECT ANSWER Vendor Balance Detail - for each vendor, QB lists the transactions that contribute or make up what you owe During the Advanced/Detailed Setup, you can turn on and off which features in the EasyStep Interview? - CORRECT ANSWER All of the above: Sales taxes; Inventory; Progress Invoicing Duri...

Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client? Features and solutions Client profile Needs assessment Which 4 list types can be directly imported into QuickBooks Online from Excel? Customers Products and services Vendors Chart of accounts Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability t...

Which of the following CANNOT be entered during the setup of a new company? a. Company name and address b. Chart of accounts c. Trial balance, open balance d. Checking account statement balance - Correct Answer C After QuickBooks sets up a chart of accountsduring the Express Start or Advanced Setup, which of the following is TRUE? a. Accounts open balances can be changed. b. It is possible to add more accounts later. c. New accounts can only be added during the Express Start or ...

QuickBooks Practice Test 100 Questions with Verified Answers 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 - CORRECT ANSWER ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. Al...

QuickBooks Online Exam questions and answers 100% guaranteed success. Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client? - correct answers.Features and solutions Client profile Needs assessment Which 4 list types can be directly imported into QuickBooks Online from Excel? - correct answers.Customers Products and services Vendors Chart of account...

QuickBooks Certification Practice 100 Questions with Verified Answers When setting up a company, what should you do when you reach the Trial Balance/Opening Balances page? - CORRECT ANSWER There is no page or option called Trial Balance/Opening Balances. You can use the Opening Balance Field when you add Vendors (A/P) and Customers (A/R) to enter these balances. Which of the following CANNOT be entered during the setup of a new company (Express Start or Advanced/Detailed Setup) file? - COR...

QuickBooks Online Exam Questions and Answers Rated A Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client? Features and solutions Client profile Needs assessment Which 4 list types can be directly imported into QuickBooks Online from Excel? Customers Products and services Vendors Chart of accounts Brian just completed a Client Needs Assessment and his client confirmed that sh...

QuickBooks Online Exam Questions and Answers 100% Pass Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client? - Answer- Features and solutions Client profile Needs assessment Which 4 list types can be directly imported into QuickBooks Online from Excel? - Answer- Customers Products and services Vendors Chart of accounts Brian just completed a Client Needs Assessment a...

Quickbooks Online Advanced - Advanced Reporting EXAM QUESTIONS (42 TERMS) WITH VERIFIED DEFINITIONS UPDATED 2024 Quickbooks Online Reports What is a great Benefit of QBO Reports How does QBO create cash basis reports Cash Basis Balance Sheet Cash Basis Profit & Loss Credit Cards and Cash Basis Unapplied cash payment income Unapplied Cash Bill payment Expense IF a payment is made to a bill before the date of the bill it is applied to the payment will be shown as IF a payment is made to ...

Supply Chain Management - Answer The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally Value Chain Analysis - Answer An examination of all links a company uses to produce and deliver its products and services, starting from the origination point and continuing through delivery to the ...