QUICKBOOKS CERTIFICATION TEST EXAM 2025 QUESTIONS AND ANSWERS

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANS It's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANS 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? - ANS 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? - ANS Uncheck the show invoice item detail on statements box in the create statements window #How do you add or delete columns on a report? - ANS 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? - ANS Click the customize report button and on the header/footer tab change the name QUICKBOOKS CERTIFICATION TEST EXAM 2025 QUESTIONS AND ANSWERS Copyright ©2025 BRIGHTSTARS ALL RIGHTS RESERVED 2 How do you change the report basis, accrual vs. cash for just one report? - ANS 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? - ANS 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? - ANS Open the form, click the templates drop down list and select the appropriate form #How would you track customer birth in quickbooks? - ANS 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 - ANS Memorize report #Name the sections of the balance sheet - ANS assets, liabilities, equity #How do you access the product information window? - ANS Press the F2 key Suppose you always want all reports to show a specific size and color. How do you set standard preference in quickbooks so you don't have to customize each report? - ANS Click the edit menu and select preferences then click the reports and graphs group to set preferences Suppose you want to restrict which users can access customer credit card numbers. How do you do this? - ANS Give the user access to sales and accounts but don't check the checking and credit card #What is the primary reason for setting a closing date in Quickbooks? - ANS to restrict users from deleting, editing, or adding transactions to last year Copyright ©2025 BRIGHTSTARS ALL RIGHTS RESERVED 3 #What is the purpose of backing up in quickbooks? - ANS to protect against data loss from file corruption or a hard file crash #What is the reason for not being able to delete a list entry? - ANS The entry has been used in a transaction What should you do after you click save & close on a customer credit memo? - ANS Choose between retained as an available credit, give a refund or apply to an invoice **What steps most you complete to use the payroll center to pay payroll liabilities? - ANS Set deposit frequencies #What tool do you use to move your logo to a form? - ANS layout designer #What transaction in quickbooks should you use if your customer pays you when you provide the goods or services? - ANS Sales receipt #When a transaction is changed, what information does the Audit Trail report provide? - ANS who changed the transaction, and the date/time the transaction was changed #When can you delete a check from quickbooks without voiding it? - ANS When you have multiple copies of the check When making your payroll tax deposit, how can you add IRS interest and/or penalties? - ANS Click the expense tab and enter the appropriate account and amount of interest and penalties #When should you set up a non-inventory item type? - ANS for something you buy and sell but don't need to