QBOA

Which of the following do you have to enter before you can start progress invoicing?

• Deposit

• Estimate

• Credit Memo

• Statement Charge

What account is affected by bills and bills payments?

• Accounts Payable

• Accounts Receivable

• Undeposited Funds

• Checking

What are the sections of a Balance Sheet?

• Assets, Liability, and Equity

• Liability, Equity, and Net Income

• Income, Cost of Goods Sold, and Expense

• Assets, Revenue, and Equity

Which of the features listed below could be used to enter the same transaction each day, week, month, or other repeating basis?

• Automate Transaction

• Schedule Transaction

• Recur Transaction

• Memorize Transaction

Which Quickbooks Subscription level or levels offer Sales reports that can be run to show location or class?

• Quickbooks Online Plus

• Quickbooks Online Essentials

• Quickbooks Online Quick Start

• Quickbooks Online Essentials and Quickbooks Online Plus

Which report should you run to list all customers who currently owe balances and how old the balances are?

• A/P Aging Summary

• A/R Aging Summary

• Balance Sheet

• Trial Balance

When should an accountant user the Write Off tool?

• When a client has overpaid

• When a client has outstanding invoices that will not be paid

• When you wish to remove a duplicate transactions

• When a user wants to categorize several transactions quickly

Which Accountants Only Tool allows for categorizing a couple of transactions or a large batch of transactions in only a few clicks?

• Accountant reports

• Report Tools

• Reclassify Transactions

• Recurring Transactions

Quickbooks certifications is not free

• True

• False

Quickbooks is an accounting software package created by_______

• Xero

• Quicken

• Zoho

• Intuit