Quickbooks Certification Test | Questions & Complete Answers 100% Correct

a payroll services; and 2) complete the Payroll Setup Interview What are the 2 main Financial Statements you can run from the "Company and Financial" category of reports? - ANSWER- Balance Sheet. Profit and Loss What are the main sections of the Profit & Loss? - ANSWER- Income, Cost of Goods Sold, and Expenses How do you move columns on a report? - ANSWER- Move your cursors over the column heading, and when it becomes a hand, click and drag the column to the desired position. How do you create a memorized group of reports? - ANSWER- Open the Memorized Report List and then Click Memorized Report > New Group What happens if you double-click a diamond on a report column? - ANSWER- None of the above Which of the following reports answers the question "What transactions make up the current balance I owe each Vendor"? - ANSWER- Vendor Balance Detail You sent Quickbooks a report to Excel and made some changes. How do you import the changes back to Quickbooks? - ANSWER- You can't import changes in Excel back to Quickbooks. You've been hired by a company that started in 1911. They've never used QuickBooks. During the Advanced/Detailed Setup, what "State Date" should you use in the EasyStep Interview? - ANSWER- The date you want to begin tracking the company's finances in Quickbooks.