QuickBooks Certification Exam with Complete Solutions

QuickBooks Certification Exam with Complete Solutions Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? 1) Sign up for 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? Balance Sheet. Profit and Loss What are the main sections of the Profit & Loss? Income, Cost of Goods Sold, and Expenses How do you move columns on a report? 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? Open the Memorized Report List and then Click Memorized Report > New Group