Quickbooks 1 100 - Study guides, Class notes & Summaries

©THESTAR 2024/2025 ALL RIGHTS RESERVED 9:50PM. A+ 1 Quickbooks Payroll Certification Training Exam Questions With Correct Answers 100% Verified. What happens if a QuickBooks Online Payroll Elite client receives a payroll tax penalty because of a product error? - AnswerThe penalty is discounted by 50% (*)A QuickBooks Elite Payroll subscription guarantees to cover the cost of any penalty The penalty is paid automatically via the client's QuickBooks Online Payroll file The client recei...

QuickBooks Online Section 1 ( A+ GRADED 100% VERIFIED)

Quickbooks Online Exam Questions and Answers 100% Solved | Graded A+ What are settings for expenses? - Bills and expenses, purchase orders and messages What are the 4 settings for bills and expenses under expense settings - 1. Show items table on expense and purchase forms (only in PLUS) 2. Track expenses and items by customer (only in PLUS) 3. Make expenses and items billable (only in PLUS) 4. Default bill payment terms Why might you want to undo a reconciliation? - If the reconciliati...

QuickBooks Study Guide Questions 1- 150 (Parts 1-3) with 100% Correct Answers Verified & Updated Why would you hide or collapse sub accounts on a report? - Answer- D.) To temporarily hide unnecessary details and hide parent accounts What should you do after you click Save and Close on a Customer Credit Memo? - Answer- D.) Choose between retained as an available credit, give a refund or apply to an invoice Which of the following can be memorized in QuickBooks? - Answer- A.) Checks Which ...

QuickBooks Practice Test 100 Questions and Answers 1. 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 - ANS ️️ D 2. 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. All users - ANS ️️ A 3. Wh...

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 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...

QuickBooks Online Test Questions and Answers 100% Solved What are settings for expenses? Bills and expenses, purchase orders and messages What are the 4 settings for bills and expenses under expense settings 1. Show items table on expense and purchase forms (only in PLUS) 2. Track expenses and items by customer (only in PLUS) 3. Make expenses and items billable (only in PLUS) 4. Default bill payment terms

Quickbooks Online Exam (Updated) 2024 with 100% Correct & Verified Solutions Quickbooks online, what is the difference between voiding and deleting a check? D. Voiding a check keeps it in reports but reduces its value to zero Deleting a check removes it from reports other than the Audit Log. Which three tasks can you perform when using Bank Feeds in the Banking area? (Choose 3) A. Issue a Stop Payment request for a check B. Match transactions entered in Quickbooks to the bank informati...

QuickBooks Inuit Certification 2nd Try with 100% Correct Answers For which two reasons should you correct your online bank accounts to QuickBooks Online? (Choose 2) A) To automatically download and categorize your bank and credit card transactions. C) To help prevent data entry errors In QuickBooks Online, which items should you mark as Billable? D) Expenses for which a customer should reimburse you Identify the difference between recording expenses on a bill and on a check Comple...