QuickBooks Online Certification Section 5/QuickBooks Certification: Practice Test #1/Quickbooks Certification Questions And Answers/Quickbooks Online Certification/QuickBooks Online Certification Test Study Guide 2022/QuickBooks Certification Test/Quickbo

How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? - Answer- Set a closing date You successfully reconciled the checking account last month. This month, when you begin to reconcile the same account, you notice the beginning balance calculated b...

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - Answer- 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? - Answer- 1) ...

One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - Answer- 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? - Answer- 2...

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

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 notifi...

Move each answer financial report from the list on the left to the correct description on the right. 1) Shows assets, liabilities, and equity at one point in time 2) Used to understand changes in revenues and expenditures 3) Shows income, expenses, and net income during a specific time period ...

Client Needs Assessment Process - Answer- Who, What, When, and How Who? - Answer- Get to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - Answer- Every business, large or small, has a variety of parts. You need to find our what they ...

You've been hired by a company that started in 1911. They've never used QuickBooks. During the EasyStep Interview, what "Start Date" should you use? - Answer- The date you want to begin tracking the company's finances in QuickBooks When setting up a new company through the EasyStep Interview...