QuickBooks Certification Test Questions and Answers Rated A+

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWER -It's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWER -only one user can access the data file The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWER -Record a transaction to show the customer owes you the money and that the checking balance decreased by that same amount #How can you ensure that invoice detail does not appear on a customer statement? - ANSWER -Uncheck the show invoice item detail on statements box in the create statements window #How do you add or delete columns on a report? - ANSWER -Click the customize report button and on the display tab check or uncheck add or remove columns #How do you change text in the header/footer of a report? - ANSWER -Click the customize report button and on the header/footer tab change the name How do you change the report basis, accrual vs. cash for just one report? - ANSWER -Click the customize report button and on the display tab choose accrual or cash How do you move list entries to a different location on the list? - ANSWER -click on the diamond to the left of the name and then drag the name up or down the list #How do you use a different forms template when creating a new transaction? - ANSWER -Open the form, click the templates drop down list and select the appropriate form #How would you track customer birth in quickbooks? - ANSWER -add a custom field to the customer list **If you have a customized report that you use each month, which feature lets you run the - ANSWER -Memorize report #Name the sections of the balance sheet - ANSWER -assets, liabilities, equity