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Quickbooks online, what is the difference between voiding and deleting a check? - Answer D. Voiding a check keeps it in reports but reduces its value to zero Deleting a check removes it from reports other than the Audit Log. Which three tasks can you perform when using Bank Feeds in the Banking area? (Choose 3) - Answer A. Issue a Stop Payment request for a check B. Match transactions entered in Quickbooks to the bank information as they clear the bank. D. Unreconcile a previously cl...

What are settings for expenses? - Answer Bills and expenses, purchase orders and messages What are the 4 settings for bills and expenses under expense settings - Answer 1. Show items table on expense and purchase forms (only in PLUS) 2. Track expenses and items by customer (only in PLUS) 3. Make expenses and items billable (only in PLUS) 4. Default bill payment terms Why might you want to undo a reconciliation? - Answer If the reconciliation was forced, meaning it was saved even t...

Q: Direct billing option means? - Answer A: The client pays intuit directly for the QB subscriptions Q: There are four types of products and services - Answer A: Inventory, non-inventory, service, and bundle Q: You want to pass on some of your costs directly to customers in Quickbooks Online. You are able to assign a customer to a cost, but you cannot mark it billable. You need to make costs billable in Quickbooks Online. What should you do? - Answer A: In the account and settings ar...

You need to set up a new user so they can see reports but can do nothing else in QuickBooks. Put the steps for setting up a user who can only see reports in the correct order. - Answer 1. Click the Company menu and choose Manage Users. 2. In the Manage Users screen, click New. 3. For User Type, choose Reports Only and click Next. 4. Enter the user's email address and click Next. 5. Click the Reports tab. You've just been hired as a bookkeeper, and the company's QuickBooks is a mess. ...

Which of the following statements is true regarding Undeposited Funds in QuickBooks? 1. Undeposited Funds is an account used to record unpaid invoices. 2. Undeposited Funds is an item type usually associated with NSF fees. 3. Undeposited Funds is an account used to record payments before you make a deposit. 4. Undeposited Funds is an account used to record payments before you make a deposit. - Answer 3 Undeposited Funds is an account used to record payments before you make a deposit. ...

QBO - Answer Online version of QuickBooks QBDT - Answer Windows Desktop version of QuickBooks Gear Icon - Answer Click to add your instructor as your accountant Welcome Guide - Answer Provides tasks to help you get started Navigation Bar - Answer On the left of the Home page, it shows a menu of items Create (+) Icon - Answer Click to add any transaction Magnifying Glass - Answer Click to find past transactions Help (?) Icon - Answer Click to access help Ma...

cloud access - Answer You are a click away from seeing you work with all browsers - Answer Sign into Quickbooks Online with the following Internet browsers software as a service - Answer Quickbooks Online is an example of the chart of accounts - Answer When setting up your company, which of the following cannot be set up use a valid email address and unique password - Answer When setting up a company gear. account and settings. billing and subscriptions. - Answer To se...

During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above - Answer ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. All users - Answer administrator When setting up a new company thro...

What does Accounts Receivable mean? a) These are the total amount of money owed to our vendors from open bills b) These are the invoices that were pre-paid before the product was delivered c) These are accounts used to receive inventory d) It means these are values customers owe us, typically from open invoices e) It's a bank account that only receives deposits f) All of the Above g) None of the Above - Answer D What is the difference between a customer and a job? a) A customer...

You are a click away from seeing your work with: A)Restored backup files. B)Reports exported to Excel. C)Adobe Acrobat reports. D)Cloud access. E)All. - Answer Cloud Access Sign into QuickBooks Online with the following Internet browsers: A)Google Chrome or Mozilla Firefox. B)Safari or Internet Explorer. C)Android or iOs. D)All. E)None. - Answer All QuickBooks Online is an example of: A)Desktop software. B)Software as a service. C)Software installed on the hard drive. D)A...

You need to record a new transaction from a sales receipt. In which order should you perform the actions? Place numbers next to the statements for correct order of steps. - Answer a. Select the receipt to make corrections or add missing information (1,2,3,4). 4 b. Create a new expense (1,2,3). 1 c. Upload an image of the receipt to QuickBooks Online.(1,2,3) 3 d. Match the receipt to the expense. (1,2,3) 2 What are the four types of products and services that can appear on QuickBooks sal...

Why would you hide or collapse sub accounts on a report? - Answer D.) To temporarily hide unnecessary details and hide parent accounts What should you do after you click Save and Close on a Customer Credit Memo? - Answer D.) Choose between retained as an available credit, give a refund or apply to an invoice Which of the following can be memorized in QuickBooks? - Answer A.) Checks Which is NOT shown on the Payroll Summary Report in QuickBooks? - Answer A.) Information necessary...

Why would you hide or collapse sub accounts on a report? - Answer To temporarily hide unnecessary detail and hide parent accounts What should you do after you click and Save and Close on a Customer Memo? - Answer Choose between retained as an available credit, give a refund or apply an invoice Which of the following CAN be memorized in QuickBooks? - Answer Checks Which is not a Payroll Summary Report in QuickBooks? - Answer Information necessary to complete your state unemployme...

Which two user types below would be able to write a check in Quickbooks Online. (Choose 2) - Answer - Company Admin - Standard user with vendor access only Select two benefits of using Quickbooks Online. - Answer - Companies can easily invite their outside accountant to access the QBO company file remotely. - QBO is in the cloud and can be accessed from anywhere as long as you have an internet connection. Which two statements below are correct as it relates to the Close the Books fe...

what are the 3 types of quickbooks files? - Answer data, portable, and backup which file should we work in? - Answer portable define data file - Answer "QBW"- to enter data or create reports define backup file - Answer (.QBB)- a condensed, stable version of the data file and restore into a .QBW file before using define portable file - Answer .QBM- very condensed, helps move your quickbooks to another computer and restore before using what are the option that come with ...

One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - Answer All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? - Answer 2 Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend converting to QuickBooks Online? - Answer Online ac...

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who needs a motor vehicle salesperson license? - Answer anyone who wants to sell/lease vehicles in Wisconsin what are the requirements for a salesperson license? - Answer - 18 + years old - agree to follow the "good faith" salesperson standards - familiar to sales contract laws how do you renew your license? - Answer Your employer renews the license and pays the fee. There is no written text for renewals how do you get a duplicate salesperson license? - Answer Employer compl...

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - Answer A $1,000 civil penalty The customer may return the vehicle Vehicles can be sold in Virginia "As Is" if: - Answer A Buyers Guide is completely filled out, signed, and dated by the buyer. The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale. A disclosure is printed on the front of the buyers or...

What must the advertised price include? - Answer all charges the customer must pay, except sales tax, title, regis fees When can you use the words "free" or "included with"? - Answer Free- customer does not need to purchase something to get it Included with - customer must purchase something to get it When advertising an allowance for a trade-in, what words can you not use? - Answer -we will pay up to -appraise your own vehicle -as much as The dealer's name must be include...