Quickbooks payroll - Study guides, Class notes & Summaries

Core correct answersCover the basics-easily pay your team and have your payroll taxes done for you. Premium correct answersManage your team and perfect payday with powerful tools and services. Elite correct answersAccess on-demand experts to simplify payday and protect what matters most. Full Service Payroll correct answersFast unlimited payroll runs Calculate paychecks and taxes Automated taxes and forms Workforce Portal Available in all 50 States Manage garnishments and deduction...

Quickbooks Payroll Certification Training 29 Questions with Verified Answers What happens if a QuickBooks Online Payroll Elite client receives a payroll tax penalty because of a product error? - CORRECT ANSWER The 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 receives a notification on the Payroll Center Overview screen ...

What happens if a QuickBooks Online Payroll Elite client receives a payroll tax penalty because of a product error? correct answersThe 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 receives a notification on the Payroll Center Overview screen Which 2 of the following statements are true of the QuickBooks Online Payroll Cor...

When printing checks, what is the preferred check style to give an employee a paystub? correct answersVoucher When setting up a new employee, what is important about the payroll Info Tab? correct answersWhatever you enter/see in the window affects each paycheck, unless you change the information on the paycheck itself. Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? correct answersSo that Payroll Liabilities show up in the Pay...

QuickBooks Payroll Training Exam Questions with Verified Answers When printing checks, what is the preferred check style to give an employee a paystub? - CORRECT ANSWER Voucher When setting up a new employee, what is important about the payroll Info Tab? - CORRECT ANSWER Whatever you enter/see in the window affects each paycheck, unless you change the information on the paycheck itself. Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Lia...

Quickbooks online questions and answers latest updated 2023 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? 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? 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 o...

Quickbooks Online Certification Questions and Answers 2023 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 Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend conve...

Quickbooks Payroll Certification Training 29 Questions with Verified Answers What happens if a QuickBooks Online Payroll Elite client receives a payroll tax penalty because of a product error? - CORRECT ANSWER The 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 receives a notification on the Payroll Center Overview screen ...

Quickbooks online Questions and Answers 2023 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? 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? 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? ...

Quickbooks Online Certification Exam (2024/2025 Update) Questions and Verified Answers| Grade A| 100% Correct Q: Your client requires access to QuickBooks Online for himself, as well as his bookkeeper and his accountant. In addition, he will need to add payroll to his subscription level. Which of the following is the least expensive QuickBooks Online subscription he can purchase that will satisfy these requirements? Answer: Simple Start Q: Where can you add a new Customer to your...