Quickbooks Online Certification Key Questions and Correct Answers

One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? - 2 Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend converting to QuickBooks Online? - Online access to client data anytime, anywhere How many regular (not accountant Users) can access a QuickBooks Essential subscription at one time? - 3 Under which settings tab do you enable inventory tracking? - Sales What type of user can only be added to a QuickBooks Online Plus Company? - Reportsonly user Which of the following cannot be imported using the import data tool in QuickBooks Online? - Employees Which of the following steps are needed to track inventory? - Sign up for Quickbooks Online Plus: Go to Account and Settings>Sales>Products and services>Track inventory quantity on hand Which of the following settings is found in the Expense setting screen of the Company Settings? - Specify custom fields for Purchase Orders A non-profit client wants to change the heading for her customers to Donors. Where should she go in QuickBooks Online to change this setting? - Gear Icon>Account Settings>Advanced>Other preferences>Customer label For how many consecutive days can you re-import QuickBooks Desktop data into QuickBooks Online form the date the QuickBooks Online Company is created? - 180 Which of the following lists can not be accessed from the Left Navigation Pane? - Classes Your client requires access to QuickBooks Online for himself, as well as his bookkeeper and his accountant. In addition, he will need to add payroll to his subscription level. Which of the following is the least expensive QuickBooks Online subscription he can purchase that will satisfy these requirements? - Simple Start Where can you add a new Customer to your Customer List in QuickBooks Online? - The Customer Center > New Customer