QuickBooks Online Certification Section 2 Questions and Answers 2023

QuickBooks Online Certification Section 2 Questions and Answers 2023 You want to add a new Product and Services entry to your client's QuickBooks Online company. The service is installation of a server that doesn't include the cost of the hardware. Here are some steps for getting the job done. 1. Select the Gear icon, select Products and Services, then select New 2. _____________________________________________ 3. In the Name field, type Server installation 4. In the Sales information field, type Server installation 5. Sale price/rate is $1250 6. In the Income Account drop-down, select Service/Fee Income 7. Select Save and close Which option correctly completes Step 2? ... What are the steps to import a list of products and services in QuickBooks Online? Select + New icon > Tools column > Import Data > Products and Services Select Accountant Tools > Tools column > Import Data > Products and Services Select Gear icon > Tools column > Import Data > Products and Services Select Gear icon > Account and Settings > Advanced > Import Which statement is true regarding the Preferred Vendor field in Product and Services items? You can add more than one preferred vendor to each product/service item You can create a new vendor from the product/service information screen Preferred vendors must be assigned to utilize the Price rules feature You can reorder your list of preferred vendors What are 2 ways to add a customer to QuickBooks Online? Sales > Customers > Add New + New > Add Customer Sales > All Sales Gear icon > Add Customer Gear icon > Import Data Which of the following buttons could you use to add a new vendor or find the link to import a vendor list into QuickBooks Online? The New Vendor button in the Vendors tab of the Sales screen The New Vendor button in the Vendors tab of the Expenses screen The New Vendor button in the Expenses tab of the Expenses screen The Enter Vendor Details button in the Expenses tab of the Sales screen Where should you go to set up a new bank feed or link to a bank account in a client's QuickBooks Online company? Expenses Center Accounting Center Sales Center Banking Center In QuickBooks Online, what 4 data points do you need to set up sales tax for a client who only does business in their home state? Their company address Whether they have any criminal convictions Whether they travel to other countries When their last sales tax period started How often they have to file a sales tax return When they started collecting sales tax for the agency Which 4 methods allow clients to process digital payments from customers using QuickBooks Online Payments? Running a card through a card reader attached to a mobile device Entering payments manually as a Receive Payment Taking client payment via cryptocurrency Entering payments manually as a Sales Receipt Entering payments manually as a Credit Memo Sending a Sales Receipt to a customer via email Taking client payment via the Pay Now button on an emailed Invoice Your client wants to open a new QuickBooks Payments merchant account. From inside QuickBooks Online, where can they go to sign up? In the Usage tab of Account and Settings In the Advanced tab of Account and Settings In the Payment tab of the Account and Settings In the Billing and Subscription tab of Account and Settings Which 2 team user roles have permission to view and search for apps using the Apps tab in QuickBooks Online Accountant? Firm Master Admin Full Access Team User Custom Team User Basic Team User Where can a Master Admin Accountant User view the apps connected to a client's QuickBooks Online account from within QuickBooks Online Accountant? Select the client from the Client List to open the Client Detail Page > Bookkeeping > View Connected Apps Left Navigation Bar > Apps > Client Apps In the Connected Apps column on the Client List dashboard Gear icon > Apps > Client Apps Where would you go in QuickBooks Online to see the range of default and extra lists that are available? Sales Center > Settings > All Lists + New button > All Lists Gear icon > All Lists Sales Center > Settings > Add Lists