QuickBooks Online Certification Prep
If QuickBooks Online was set up correctly, what figure should you expect to
see in the Opening balance equity account balance? correct answersA
balance of zero
For clients with a QuickBooks Online Plus account, what's the maximum
number of billable users? correct answers5
Your client needs a QuickBooks Online solution that includes
tracking for: Sales
Sales
tax
Inventor
y
What is the minimum subscription level in QuickBooks Online you would
recommend? correct answersPlus
Your client has been using the QuickBooks Online Mileage Tracker throughout
the year. It's nearing year end and you are preparing the log for auto
expense deduction.
Which 3 of these things should you check for auto expense deductions at
year end? correct answersCalculated mileage
Any vehicle changes
T-hat all trips have been reviewed
You need your client to send you a copy of a paper receipt so that you can
match it to a gas expense in their QuickBooks Online.
You create a client request and add a screenshot of the expense entry in
QuickBooks Online to help your client identify which receipt they're looking
for.
Which are 2 places where your client can see this
request? correct answersMyAccountant
Email
You want to add an app to your firm's books in QuickBooks Online
Accountant. Which 2 levels of account user can add apps? correct
answersFull access team user Firm primary admin
While preparing your client's books for year end, you find some
transactions that may not have been appropriately recorded.
In which 2 of these cases could you use the Reclassify transactions
tool? correct answersTo change the expense account for billable
expenses, but not the income account for the related income
transactions
To change the class and/or location for invoices, sales receipts, checks, or
bills with items (products or services) on them
If QuickBooks Online was set up correctly, what figure should you expect to
see in the Opening balance equity account balance? correct answersA
balance of zero
For clients with a QuickBooks Online Plus account, what's the maximum
number of billable users? correct answers5
Your client needs a QuickBooks Online solution that includes
tracking for: Sales
Sales
tax
Inventor
y
What is the minimum subscription level in QuickBooks Online you would
recommend? correct answersPlus
Your client has been using the QuickBooks Online Mileage Tracker throughout
the year. It's nearing year end and you are preparing the log for auto
expense deduction.
Which 3 of these things should you check for auto expense deductions at
year end? correct answersCalculated mileage
Any vehicle changes
T-hat all trips have been reviewed
You need your client to send you a copy of a paper receipt so that you can
match it to a gas expense in their QuickBooks Online.
You create a client request and add a screenshot of the expense entry in
QuickBooks Online to help your client identify which receipt they're looking
for.
Which are 2 places where your client can see this
request? correct answersMyAccountant
You want to add an app to your firm's books in QuickBooks Online
Accountant. Which 2 levels of account user can add apps? correct
answersFull access team user Firm primary admin
While preparing your client's books for year end, you find some
transactions that may not have been appropriately recorded.
In which 2 of these cases could you use the Reclassify transactions
tool? correct answersTo change the expense account for billable
expenses, but not the income account for the related income
transactions
To change the class and/or location for invoices, sales receipts, checks, or
bills with items (products or services) on them
