QuickBooks Online Exam with Complete Solutions

Quick Books Online Exam with Complete Solutions Which is the best way to enter building supplies as a product? Non -inventory What is the major disadvantage of using a journal entry to record a sale? No way to manage the inventory properly Which type of transaction affects a customer balance immediately? Credit memo Which account should be used to hold funds until they are deposited in a checking account? Undeposited funds A co -worker is complaining about credits being automatically applied to invoices. Where can the co-worker go to turn off that setting? Settings - Account and Settings - Advanced Where can billable expenses be set up? Settings - Account and Settings - Expenses When converting sub -customers to projects, what is the default setting for the project? Completed A customer makes a purchase to be paid at a later date. Which form should be used for this transaction? Invoice Which two items can allow QuickBooks to track a specific customer activity separate from the regular customer activity? Job and Project