Quickbooks stuvia Study guides, Class notes & Summaries

QuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct Answers After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWER- It's possible to add more accounts later #Assume that quickbooks is now in ...

Company Admin -ANSWER -this role is only available in QBO Advanced Custom user -ANSWER -This role is only available in QBO Advanced Has specific access to areas in QBO Standard user -ANSWER -In all versions of QBO, this role can be set to specific levels of access Close the Books feature's two benefits -ANSWER -Users cannot change transactions in a closed period It generates a closing Date Detail report Accrual Accounting -ANSWER -A company makes a sale and records the expected re...

Client Needs Assessment Process - ANSWERSWho, What, When, and How Who? - ANSWERSGet to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - ANSWERSEvery business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, When? - ANSWERSHow often do they run reports? What are their internal and external deadlines? All of your clients will have compl...

QuickBooks Practice Test|100 Questions and Answers 100% CorrectQuickBooks Practice Test|100 Questions and Answers 100% CorrectQuickBooks Practice Test|100 Questions and Answers 100% CorrectQuickBooks Practice Test|100 Questions and Answers 100% CorrectQuickBooks Practice Test|100 Questions and Answers 100% Correct 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 - ANSWER-ALL of ...

Client Needs Assessment Process - ANSWERSWho, What, When, and How Who? - ANSWERSGet to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - ANSWERSEvery business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, When? - ANSWERSHow often do they run reports? What are their internal and external deadlines? All of your clients will have compl...

QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Guide| 125 Questions | 100%Accurate! QuickBooks Certification Exam Study Gu...

What? -ANSWER- Every business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, When? -ANSWER- How often do they run reports? What are their internal and external deadlines? All of your clients will have compliance requirements for their business even if they don't run payroll or collect sales tax. How? -ANSWER- How can you help? You can dive deeper using the client checklist, follow the onboardin...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? - ANSWERSYes, QuickBooks will automatically create a transaction to make the balance zero. While setting up a QuickBooks Online account, you accidentally entered the wrong company address. How would you fix this error? - ANSWERSChange it in Account and Settings window, which you can access by clicking the Gear icon and select Account and Settings. If you use QuickB...

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWER It's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWER only one user can access the data file The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWER Record a transaction to show the customer owes you ...

Why would you hide or collapse sub accounts on a report? - ANSWERSTo temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - ANSWERSChoose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - ANSWERScheck Which is NOT shown on the payroll summary report on quickbooks? - ANSWERSinformation necessary to complete your state unem...