QBO Level 3&4 Week1

What is the purpose of the "Dashboard"

• To create invoices

• To view a snapshot of the company's financials

• To manage user permissions

• To reconcile bank transactios

• All of the above

Where can you find "Reconciliation History"?

• Gear icon > Account and Settings > Reconciliation > History

• Reports > Reconcile > History

• Banking > Reconcile > Hisory

• Settings > Reconcile > History

When reconciling bank transactions, what does the "Ending Balance" represent?

• The balance in the bank account at the beginning of the reconciliation period

• The total of all transactions in the bank statement.

• The calculated balance is based on cleared transactions.

• The balance in the bank account at the end of the reconciliation period.

What does the "Attachments" feature allow you to do?

• Attach images to customer profiles

• Attach supporting documents to transactions

• Attach videos for training purposes

• Attach external links to reports.

How can you access the "Company Settings"?

• Gear icon > Your Company

• Reports > Your Company

• Dashboard > Company Settings

• Sales > Company Settings

Where can you find the "Recurring Transactions" list?

• Sales > Recurring Transactions

• Expenses > Recurring Transactions

• Banking > Recurring Transactions

• Gear icon > Recurring Transactions

How can you access the "Company Settings"?

• Gear icon > Your Company

• Reports > Your Company

• Dashboard > Company Settings

• Sales > Company Settings

What data can you bring into QuickBooks?

• Invoices

• Bills

• Bank Data

• Customers

• Expenses

Where can you see all the transactions downloaded from your bank?

• Bank feeds

• For review

• Bank register

• Categorized

Bank rules will apply only to bank and credit card transactions in the For Categorized tab in the banking center.

• True

• False