Quickbooks Certification Study guides, Class notes & Summaries

Quickbooks Online Advanced - Advanced Categorization Questions and Answers 100% Correct | 2023

Quickbooks Certification Test How is a credit memo different from a refund receipt? - A credit memo affects accounts receivable What are the non-posting transactions related to sales? - Estimate, Delayed Charge, Delayed Credit What lists can be imported from excel spreadsheets when setting up a QBO company? - Chart of Accounts, Customers, Products & Services, Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QBO company? - It is possib...

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Why would you hide or collapse sub accounts on a report? - ANSWERSTo temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - ANSWERSChoose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - ANSWERScheck Which is NOT shown on the payroll summary report on quickbooks? - ANSWERSinformation necessary to complete your state unem...

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWERSIt's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWERSonly 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? - ANSWERSRecord a transaction to show the customer owes you ...

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - ANSWERSSo 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? - ANSWERS1) 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? - ANSWERSBalan...

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 ...

QUICKBOOKS CERTIFICATION TEST ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION

QuickBooks Study Guide Questions 1-150 (Parts 1-3) Answered Correctly!!

Quickbooks Certification Exam Part 1 Questions And Answers Solved 100% Correct!!