QUICKBOOKS PROADVISOR
CERTIFICATION EXAM QUESTIONS
AND ANSWERS 100% PASS
Why must you set deposit frequencies for the taxes or deductions your company has to pay
(Payroll Liabilities)? - ANS 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? - ANS 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? - ANS Balance Sheet. Profit and Loss
What are the main sections of the Profit & Loss? - ANS Income, Cost of Goods Sold, and
Expenses
How do you move columns on a report? - ANS 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? - ANS Open the Memorized Report List
and then Click Memorized Report > New Group
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What happens if you double-click a diamond on a report column? - ANS None of the above
Which of the following reports answers the question "What transactions make up the current
balance I owe each Vendor"? - ANS Vendor Balance Detail
You sent Quickbooks a report to Excel and made some changes. How do you import the
changes back to Quickbooks? - ANS You can't import changes in Excel back to Quickbooks.
You've been hired by a company that started in 1911. They've never used QuickBooks. During
the Advanced/Detailed Setup, what "State Date" should you use in the EasyStep Interview? -
ANS The date you want to begin tracking the company's finances in Quickbooks.
Which of the following CANNOT be entered during the setup of a new company (Express Start
or Advanced/Detailed Setup) file? - ANS Trial Balance opening balances
How do you customize Quickbooks by changing the color scheme and adding or removing icons
from the Home page? - ANS Choose Edit > Preferences > Desktop View
??? - ANS Click the Formatting Tab at the top of the form; then click Customize Data Layout
You need to enter the same transaction each month (for example, an insurance payment). How
can you automate this process in Quickbooks? - ANS While the transaction is on the screen,
choose Edit > Memorize check (or the name of the transaction).
How do you set up multiple users in QuickBooks Pro or Premier? - ANS Choose Company >
Set Up Users and Passwords > Set Up Users
What is the maximum number of names that cab be included on he Names lists in QuickBooks
Pro or Premier? - ANS 14,500