Intuit Quickbooks Study Quide
A credit score card fee debits the credit score card receivable and credit the rate account -
ANS-A test debits the fees account and credit score the bank.
A vendor currently has charge terms of Net 10. The phrases change to Net 15 starting today
for all destiny payments. This is a brand new time period that you have not used earlier than.
Which movements must you entire to aid this change? - ANS-On the ACCOUNTANT AND
SETTINGS region, set the preferred invoice phrases to NET 15.
Edit the seller record IN the TERMS listing, choose NET 15.
An present vendor decides to purchase merchandise from your enterprise. In QuickBooks
Online , you installation a customer account for the Vendor. For every Field , Highlight Yes if
the seller and consumer account entries need to be specific or No in the event that they may
be identical.
Company - ANS-Yes
An existing vendor decides to purchase merchandise out of your organisation. In
QuickBooks Online , you installation a patron account for the Vendor. For every Field ,
Highlight Yes if the vendor and customer account entries need to be particular or No in the
event that they may be identical.
Display call - ANS-No
An existing supplier decides to buy merchandise out of your employer. In QuickBooks Online
, you set up a consumer account for the Vendor. For every Field , Highlight Yes if the seller
and customer account entries need to be particular or No if they can be same.
First call - ANS-No
An existing seller decides to purchase merchandise from your agency. In QuickBooks Online
, you set up a patron account for the Vendor. For every Field , Highlight Yes if the vendor and
customer account entries ought to be particular or No if they can be identical.
Last Name - ANS-No
During a business experience, you pay for costs using the enterprise credit card. After the
trip, you want to add your cost receipts to QuickBooks. Which methods can you use? Each
answer is a entire solution - ANS-Scan every receipt to a PDF report and email the files to
QuickBooks Online.
From the QuickBooks Online, take a photo of every receipt by the use of a webcam.
During a enterprise journey, you pay for expenses using the enterprise credit card. After the
ride, you add the receipts to QuickBooks. Your Import the transactions from the related credit
score card account. You need to assign the cost to the right bills. What need to you do? -
ANS-Display the account in QuickBooks Online and pick out an appropriate receipts.
For every thing of a file, write Yes if you may customise that component or No if you can't.
The accounting approach - ANS-Yes
For each element of a report, write Yes if you can customise that factor or No if you can't.
, The Data Range - ANS-Yes
For every factor of a document, write Yes if you may customise that factor or No if you can't.
The way numbers are formatted - ANS-Yes
For every declaration about creating invoices in QuickBooks Online write True or False
The consumer deal with is required for invoices however non-obligatory for Sales Receipts -
ANS-True
For every assertion about growing invoices in QuickBooks Online write True or False
When a customer can pay you someday when they make a purchase you should create an
bill. - ANS-True
For each statement about growing invoices in QuickBooks Online write True or False
You can use Save and Send to save an invoice and fasten it to an e-mail message
immediately fromQuickBooks Online. - ANS-True
For each assertion about Managing unbilled costs in QuickBooks Online, write True or False.
If you Clear the Billable checkBox for value, it's miles not a enterprise cost. - ANS-False
For each announcement approximately Managing unbilled expenses in QuickBooks Online,
write True or False.
The Unbilled Costs by using Job record presentations the unbilled charges. - ANS-True
For every assertion approximately Managing unbilled prices in QuickBooks Online, write
True or False.
You can exchange the billable repute of value by deciding on or clearing the Billable
checkbox at the take a look at. - ANS-True
For each statement about merging vendor money owed write True or False.
After carriers are merged, the movement can't be undone. - ANS-True
For every declaration about merging seller money owed write True or False.
To begin merging two carriers, edit the seller file you need to keep. - ANS-True
For every assertion approximately merging supplier bills write True or False.
To merge one vendor report with any other, alternate the Company Name or the First and
Last names to fit the opposite supplier. - ANS-False
For each declaration approximately QuickBooks Online default user sorts, write True or
False.
Standard users can enter timesheets, upload customers, replace employer info, or
manipulate subscriptions - ANS-False
For every announcement about QuickBooks Online default user sorts, write True or False.
The Mast Admin user is a everlasting person account and its controls can't be transferred or
assigned to a brand new person. - ANS-True
A credit score card fee debits the credit score card receivable and credit the rate account -
ANS-A test debits the fees account and credit score the bank.
A vendor currently has charge terms of Net 10. The phrases change to Net 15 starting today
for all destiny payments. This is a brand new time period that you have not used earlier than.
Which movements must you entire to aid this change? - ANS-On the ACCOUNTANT AND
SETTINGS region, set the preferred invoice phrases to NET 15.
Edit the seller record IN the TERMS listing, choose NET 15.
An present vendor decides to purchase merchandise from your enterprise. In QuickBooks
Online , you installation a customer account for the Vendor. For every Field , Highlight Yes if
the seller and consumer account entries need to be specific or No in the event that they may
be identical.
Company - ANS-Yes
An existing vendor decides to purchase merchandise out of your organisation. In
QuickBooks Online , you installation a patron account for the Vendor. For every Field ,
Highlight Yes if the vendor and customer account entries need to be particular or No in the
event that they may be identical.
Display call - ANS-No
An existing supplier decides to buy merchandise out of your employer. In QuickBooks Online
, you set up a consumer account for the Vendor. For every Field , Highlight Yes if the seller
and customer account entries need to be particular or No if they can be same.
First call - ANS-No
An existing seller decides to purchase merchandise from your agency. In QuickBooks Online
, you set up a patron account for the Vendor. For every Field , Highlight Yes if the vendor and
customer account entries ought to be particular or No if they can be identical.
Last Name - ANS-No
During a business experience, you pay for costs using the enterprise credit card. After the
trip, you want to add your cost receipts to QuickBooks. Which methods can you use? Each
answer is a entire solution - ANS-Scan every receipt to a PDF report and email the files to
QuickBooks Online.
From the QuickBooks Online, take a photo of every receipt by the use of a webcam.
During a enterprise journey, you pay for expenses using the enterprise credit card. After the
ride, you add the receipts to QuickBooks. Your Import the transactions from the related credit
score card account. You need to assign the cost to the right bills. What need to you do? -
ANS-Display the account in QuickBooks Online and pick out an appropriate receipts.
For every thing of a file, write Yes if you may customise that component or No if you can't.
The accounting approach - ANS-Yes
For each element of a report, write Yes if you can customise that factor or No if you can't.
, The Data Range - ANS-Yes
For every factor of a document, write Yes if you may customise that factor or No if you can't.
The way numbers are formatted - ANS-Yes
For every declaration about creating invoices in QuickBooks Online write True or False
The consumer deal with is required for invoices however non-obligatory for Sales Receipts -
ANS-True
For every assertion about growing invoices in QuickBooks Online write True or False
When a customer can pay you someday when they make a purchase you should create an
bill. - ANS-True
For each statement about growing invoices in QuickBooks Online write True or False
You can use Save and Send to save an invoice and fasten it to an e-mail message
immediately fromQuickBooks Online. - ANS-True
For each assertion about Managing unbilled costs in QuickBooks Online, write True or False.
If you Clear the Billable checkBox for value, it's miles not a enterprise cost. - ANS-False
For each announcement approximately Managing unbilled expenses in QuickBooks Online,
write True or False.
The Unbilled Costs by using Job record presentations the unbilled charges. - ANS-True
For every assertion approximately Managing unbilled prices in QuickBooks Online, write
True or False.
You can exchange the billable repute of value by deciding on or clearing the Billable
checkbox at the take a look at. - ANS-True
For each statement about merging vendor money owed write True or False.
After carriers are merged, the movement can't be undone. - ANS-True
For every declaration about merging seller money owed write True or False.
To begin merging two carriers, edit the seller file you need to keep. - ANS-True
For every assertion approximately merging supplier bills write True or False.
To merge one vendor report with any other, alternate the Company Name or the First and
Last names to fit the opposite supplier. - ANS-False
For each declaration approximately QuickBooks Online default user sorts, write True or
False.
Standard users can enter timesheets, upload customers, replace employer info, or
manipulate subscriptions - ANS-False
For every announcement about QuickBooks Online default user sorts, write True or False.
The Mast Admin user is a everlasting person account and its controls can't be transferred or
assigned to a brand new person. - ANS-True
