QuickBooks Certification Test (3)
When you create a new company file, QuickBooks asks for your start date.
What is the best definition of start date in QuickBooks? correct answersThe
day you chose to start recording the financial records in Quickbooks.
When a transaction is change, what information does the Audit Trail
report Merging entries correct answersAll of the above.
When should you use the items tab on a bill or check correct
answersWhen you purchase inventory parts.
when you are setting up a service items, what happens if you select the box
next to this "service is performed by a subcontractor or partner"? correct
answersQuickBooks provides fields so you can track purchase and sales
information for that item.
When should you set up a non-inventory items types? correct answersAll of
the above.
When making your payroll tax deposit, how can you add IRS INTERST and/or
penalties? correct answersClick the expense tab and enter the appropriate
account and amount of interest and penalties.
When you enter a purchase order for inventory, which accounts are
affected? correct answersNone, because purchase order are non-posting
transactions.
When can you delete a check from QuickBooks without voiding it? correct
answersYou enter a check in QuickBooks but haven't printed it yet. You
realize the purchase was actually made using a credit. The check was never
really used.
When you set up a new employee, how do you add a payroll deduction such
as medical insurance? correct answersIn the new employee window, click the
change tab drop down list and select payroll and compensation info and then
add the medical insurance payroll item below the additions deductions and
company contributions.
When should you VOID instead of delete a check? correct answersYou used
the check number but it will never
be cashed.
When you send a Quick books report to Excel, which features allow you to
choose what sections of the report to collapse? correct answersauto outline
When should you enter a customer credit memo? correct answersWhen
customer returns a product that is damaged.
When you create a new company file, QuickBooks asks for your start date.
What is the best definition of start date in QuickBooks? correct answersThe
day you chose to start recording the financial records in Quickbooks.
When a transaction is change, what information does the Audit Trail
report Merging entries correct answersAll of the above.
When should you use the items tab on a bill or check correct
answersWhen you purchase inventory parts.
when you are setting up a service items, what happens if you select the box
next to this "service is performed by a subcontractor or partner"? correct
answersQuickBooks provides fields so you can track purchase and sales
information for that item.
When should you set up a non-inventory items types? correct answersAll of
the above.
When making your payroll tax deposit, how can you add IRS INTERST and/or
penalties? correct answersClick the expense tab and enter the appropriate
account and amount of interest and penalties.
When you enter a purchase order for inventory, which accounts are
affected? correct answersNone, because purchase order are non-posting
transactions.
When can you delete a check from QuickBooks without voiding it? correct
answersYou enter a check in QuickBooks but haven't printed it yet. You
realize the purchase was actually made using a credit. The check was never
really used.
When you set up a new employee, how do you add a payroll deduction such
as medical insurance? correct answersIn the new employee window, click the
change tab drop down list and select payroll and compensation info and then
add the medical insurance payroll item below the additions deductions and
company contributions.
When should you VOID instead of delete a check? correct answersYou used
the check number but it will never
be cashed.
When you send a Quick books report to Excel, which features allow you to
choose what sections of the report to collapse? correct answersauto outline
When should you enter a customer credit memo? correct answersWhen
customer returns a product that is damaged.
