QuickBooks Online Certification Bundle| Test Study Guide Questions with Correct answers 2023/2024

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? 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? 1) Sign up for a payr...

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

The Client List is your one-stop shop for all of your client information- even clients who do not use QuickBooks Online! What are the five columns listed under Client Details? Notes, Bookkeeping, Payroll, Shared Documents, and Tax

How is a credit memo different from a refund receipt? A credit memo affects accounts receivable What are the non-posting transactions related to sales? Estimate, Delayed Charge, Delayed Credit

When you're working in QuickBooks Online, you'll spend most of your time using a form, a list, or a: Register Which customization would quickly condense the size of a Profit & Loss report: Click collapse on the report to show only parent account subtotals

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 You use QuickBooks Online Simple Start. How many accountant users can your invite? 2 What is a benefit of Quickbooks ...

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

You want to add a new Product and Services entry to your client's QuickBooks Online company. The service is installation of a server that doesn't include the cost of the hardware. Here are some steps for getting the job done. 1. Select the Gear icon, select Products and Services, then select ...

Which 3 navigation features are missing in a Reports Only user's view? Navigation panel Search box + New button Gear icon Help menu

When using the Copy to Purchase Order feature from within an Estimate, where do you need to turn on Use Purchase orders? Account and Settings > Products and Services Expenses > Purchase orders Account and Settings > Expenses > Purchase orders Vendors > Purchase order

How can you filter the For Review tab to see all the transactions QuickBooks Online thinks it has found a good match for? Select the All transactions drop-down, then Matched Select the All transactions drop-down, then Recognized Click on the Gear icon, then select Show only matches Select the ...

Stacy wants to run reports that tell her which vendors provide the best prices on the products she sells. Which 2 vendor workflows in QuickBooks Online enable her to create reports with this data? Create Bill with product/service items > Pay Bill Create Expense with product/service items Cr...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to make the balance zero. While setting up a QuickBooks Online account, you accidentally entered the wrong compa...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to make the balance zero.