QuickBooks Certification Test Correct 100%(SCORED A+)

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 notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWER Record a transaction to show the customer owes you the money and that the checking balance decreased by that same amount #How can you ensure that invoice detail does not appear on a customer statement? - ANSWER Uncheck the show invoice item detail on statements box in the create statements window #How do you add or delete columns on a report? - ANSWER Click the customize report button and on the display tab check or uncheck add or remove columns #How do you change text in the header/footer of a report? - ANSWER Click the customize report button and on the header/footer tab change the name How do you change the report basis, accrual vs. cash for just one report? - ANSWER Click the customize report button and on the display tab choose accrual or cash How do you move list entries to a different location on the list? - ANSWER click on the diamond to the left of the name and then drag the name up or down the list #How do you use a different forms template when creating a new transaction? - ANSWER Open the form, click the templates drop down list and select the appropriate form #How would you track customer birth in quickbooks? - ANSWER add a custom field to the customer list **If you have a customized report that you use each month, which feature lets you run the - ANSWER Memorize report #Name the sections of the balance sheet - ANSWER assets, liabilities, equity