QuickBooks Certification Test 2023-Solved

QuickBooks Certification Test 2023-Solved What is one reason to not use a bank deposit or journal entry screen to record sales? - ANS ️️ If you record sales through the bank deposit or journal screen, the entry will not appear on sales reports. When should you not delete a check? - ANS ️️ You printed a check but and the check number has been used. You have a customer that is also a vendor. How do you handle this in quickbooks? - ANS ️️ Use "V" at the end of the display name on the vendor record to differentiate the vendor record and the customer record. Which statements are true regarding vendor credits? - ANS ️️ Vendor credits decrease what you owe to the vendor. If an inventory item is entered in the product/service field of the item details section of the vendor credit, the quantity on hand would decrease Which two statements are correct as it relates to the close the book feature? - ANS ️️ If a warning is used the user is not stopped from making the change. When setting a closing date you can choose to warn users or require a password far any changes to transactions. the owner of a business ask you to set up Quickbooks to automatically email him a specific report on a regular basis. How would you do this - ANS ️️ 1. run the report that you want to email. 2. click save customizations. 3. select reports and go to custom reports. select the line on the report field on the list and click Edit. 4. set the email schedule in this window You can enter a sales receipt if the customer field is empty. (T or F) - ANS ️️ true You can enter an invoice if the customer field is empty. (T or F) - ANS ️️ false You can receive payment if the customer field is empty. (T or F) - ANS ️️ false You can enter a check if the vendor field is empty. (T or F) - ANS ️️ true You can enter an expense if the payee field is empty. (T or F) - ANS ️️ true You cant enter a bill if the vendor field is empty. (T or F) - ANS ️️ false you can pay bills using a check as payment method - ANS ️️ true entering a bill decreases accounts payable - ANS ️️ false you have to pay the bill before you enter it - ANS ️️ false what is customizable on a balance sheet - ANS ️️ head