QuickBooks Online Tutorial Quiz

What should you do if the options on the left side of QuickBooks Online do not match the tutorial?

• Switch to business view

• Reinstall the application

• Contact customer support

• Restart QuickBooks Online

What is the first step in manually uploading transactions to QuickBooks?

• Open 'Reports'

• Select 'Bank Transactions'

• Choose 'Connect Account'

• Click on 'Upload Transactions'

How can you ensure QuickBooks matches a transaction correctly?

• By manually entering the transaction

• By ensuring the amounts match an open invoice

• By contacting the bank

• By using the default category

What is a recommended practice when categorizing expenses in QuickBooks?

• Add a vendor for each transaction

• Always use the default category

• Use only one category for all expenses

• Ignore the category field

What is a key step in setting up a rule for automatic categorization?

• Using only default categories

• Naming the rule descriptively

• Ignoring the vendor field

• Contacting support for help

What should you do if QuickBooks does not automatically match a receipt?

• Re-upload the receipt

• Manually match the receipt

• Delete the transaction

• Ignore the mismatch

How can you categorize multiple personal expenses at once in QuickBooks?

• By using the 'Edit' button after selecting each row

• By contacting customer support

• By creating a new account for each expense

• By deleting the transactions

What is the purpose of reconciling your accounts in QuickBooks?

• To contact the bank for errors

• To ensure all transactions are recorded

• To delete old transactions

• To update the software

What should you check in the profit and loss report to ensure accuracy?

• That all categories are used

• That negatives are where positives should be

• That all vendors are listed

• That the report is printed

What should you do if your QuickBooks balance does not match your bank statement?

• Contact the bank immediately

• Check for missing transactions

• Reconcile the account again

• Ignore the discrepancy