Vendor credits quickbooks - Study guides, Class notes & Summaries

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...

What is one reason to not use a bank deposit or journal entry screen to record sales? - Answer If you record sales through the bank deposit or journal screen, the entry will not appear on sales reports. When should you not delete a check? - Answer You printed a check but and the check number has been used. You have a customer that is also a vendor. How do you handle this in quickbooks? - Answer Use "V" at the end of the display name on the vendor record to differentiate the vendor ...

QuickBooks online Exam Questions With Verified Answers | Latest updated 2024 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks Online company? Correct Answer: Chart of Accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? Correct Answer: It is possible to add more accounts after starting a new company. What company information does QuickBooks ask fo...

QuickBooks Certification Test 2023-Solved What is one reason to not use a bank deposit or journal entry screen to record sales? - ANS ️️ If you record sales through the bank deposit or journal screen, the entry will not appear on sales reports. When should you not delete a check? - ANS ️️ You printed a check but and the check number has been used. You have a customer that is also a vendor. How do you handle this in quickbooks? - ANS ️️ Use "V" at the end of the display name ...

QuickBooks Certified User Exam 56 Questions with Verified Answers What information is required before setting up a QuickBooks file? - CORRECT ANSWER 1. Company name 2. Industry 3. Company type 4. Company contact information 6. Tax ID How do you start a new company data file in QuickBooks (Express Start and Advanced Setup)? - CORRECT ANSWER File>New Company Three options: 1. Express Start 2. Advanced Setup 3. Other Options (convert from other files) How do you keep the lists a...

QUICKBOOKS FINAL EXAM 2023 QUESTIONS AND ANSWERS Chart of Accounts - ANS ️️ This is the name of the list of accounts the company uses as it conducts its business deits and credits - ANS ️️ each account in the general ledger shows all increase and decreases Accounting - ANS ️️ to edit account names and add account numbers, begin by clicking this option on the Navigation bar create icon > journal entry - ANS ️️ to enter the opening balances in the Journal Entries window...

What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? - ANSWER Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? - ANSWER It is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks online account? - ANSWER The indus...

Q: Direct billing option means? - Answer A: The client pays intuit directly for the QB subscriptions Q: There are four types of products and services - Answer A: Inventory, non-inventory, service, and bundle Q: You want to pass on some of your costs directly to customers in Quickbooks Online. You are able to assign a customer to a cost, but you cannot mark it billable. You need to make costs billable in Quickbooks Online. What should you do? - Answer A: In the account and settings ar...

Quickbooks online Exam Questions With Accurate Answers. What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? - answerChart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? - answerIt is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks...

You're working in Quickbooks at a coffee shop for a few hours and don't want to share all of your company's financial details with everyone there. How can you fix this? - Answer- Click the Private mode switch on the dashboard to prevent sensitive financial information from being displayed in this window. What is the difference between an Invoice and Sales Receipt? - Answer- An Invoice records a sale and how much your customer owes. A Sales Receipt records a sale and the payment you receive...