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WorksheetsQuick Books Online Test
Total questions: 115
Worksheet time: 58mins
You need to set up a new user so they can see reports, but do NOTHING else in QuickBooks. Put the steps for setting up a user (who can only see reports) in the correct order. What is step 1?
Click The Company Menu and Choose Manage Users.
In the manage users screen, click new
Choose user type “Reports Only” and click next
Enter the user’s email address and click next.
You need to set up a new user so they can see reports, but do NOTHING else in QuickBooks. Put the steps for setting up a user (who can only see reports) in the correct order. What is step 2?
Click The Company Menu and Choose Manage Users.
In the manage users screen, click new
Choose user type “Reports Only” and click next
Enter the user’s email address and click next.
You need to set up a new user so they can see reports, but do NOTHING else in QuickBooks. Put the steps for setting up a user (who can only see reports) in the correct order. What is step 3?
Click The Company Menu and Choose Manage Users.
In the manage users screen, click new
Choose user type “Reports Only” and click next
Enter the user’s email address and click next.
You need to set up a new user so they can see reports, but do NOTHING else in QuickBooks. Put the steps for setting up a user (who can only see reports) in the correct order. What is step 4?
Click The Company Menu and Choose Manage Users.
In the manage users screen, click new
Choose user type “Reports Only” and click next
Enter the user’s email address and click next.
Your customer, Donna Comeback, has gone out of business and you will never sell to her again. Put the steps for removing her from the customer list in the correct order. What is step 1?
Click The Customers Tab
Edit the Customer You Want to remove
Click Make Inactive
Your customer, Donna Comeback, has gone out of business and you will never sell to her again. Put the steps for removing her from the customer list in the correct order. What is step 2?
Click The Customers Tab
Edit the Customer You Want to remove
Click Make Inactive
Your customer, Donna Comeback, has gone out of business and you will never sell to her again. Put the steps for removing her from the customer list in the correct order. What is step 3?
Click The Customers Tab
Edit the Customer You Want to remove
Click Make Inactive
How do you track Accounts Payable (A/P) in QuickBooks? What is Step 1?
Enter Bill
Pay Bill
How do you track Accounts Payable (A/P) in QuickBooks? What is Step 2?
Enter Bill
Pay Bill
You need to customize a report the same way every week. To save time, you want QuickBooks to "remember" your customizations. How do you do this? What is Step 1?
When the report is customized click “Save Customizations”
Name the report and click save
When you want to run the report click the reports tab.
Click the My reports tab
Click on the report name to run it.
You need to customize a report the same way every week. To save time, you want QuickBooks to "remember" your customizations. How do you do this? What is Step 2?
When the report is customized click “Save Customizations”
Name the report and click save
When you want to run the report click the reports tab.
Click the My reports tab
Click on the report name to run it.
You need to customize a report the same way every week. To save time, you want QuickBooks to "remember" your customizations. How do you do this? What is Step 3?
When the report is customized click “Save Customizations”
Name the report and click save
When you want to run the report click the reports tab.
Click the My reports tab
Click on the report name to run it.
You need to customize a report the same way every week. To save time, you want QuickBooks to "remember" your customizations. How do you do this? What is Step 4?
When the report is customized click “Save Customizations”
Name the report and click save
When you want to run the report click the reports tab.
Click the My reports tab
Click on the report name to run it.
You need to customize a report the same way every week. To save time, you want QuickBooks to "remember" your customizations. How do you do this? What is Step 5?
When the report is customized click “Save Customizations”
Name the report and click save
When you want to run the report click the reports tab.
Click the My reports tab
Click on the report name to run it.
Put the following steps in order for tracking departments. What is step1?
Turn on Classes in company settings
Create your departments on the class list
On sales and expense transactions, select the class(es) associated with each transaction.
Run the Profit and loss by class report
Put the following steps in order for tracking departments. What is step 2?
Turn on Classes in company settings
Create your departments on the class list
On sales and expense transactions, select the class(es) associated with each transaction.
Run the Profit and loss by class report
Put the following steps in order for tracking departments. What is step 3?
Turn on Classes in company settings
Create your departments on the class list
On sales and expense transactions, select the class(es) associated with each transaction.
Run the Profit and loss by class report
Put the following steps in order for tracking departments. What is step 4?
Turn on Classes in company settings
Create your departments on the class list
On sales and expense transactions, select the class(es) associated with each transaction.
Run the Profit and loss by class report
Your boss wants to know where the business stands overall. On the Balance Sheet, the company has 100,000 in assets, and 30,000 in liabilities. What is the company's equity?
130,000
It is not possible to know this given these numbers.
70,000
Which of the following CANNOT be entered during the set up of a new company?
Company name and address
Chart of accounts
Trial balance, open balance
Checking account statement balance
After QuickBooks sets up a chart of accounts during the Express Start or Advanced Setup, which of the following is TRUE?
Accounts open balances can be changed.
It is possible to add more accounts later.
New accounts can only be added during the Express Start or Advanced Setup.
Only Income and Expense accounts can be added after completing the Express Start Setup.
Once you have completed the sign up of new company file, how do you change company information such as business name, address, or phone number?
Select file, open company from the menu.
Select file Express Start from the menu.
Select company information from the menu.
Select edit preferences from the menu.
When you create a new company using the detailed setup Easy Step Interview, QuickBooks asks for your start date. What is the best definition of start date in QuickBooks?
The date the company began operating
The date you sit down to start the new company file.
The date you chose to start recording the financial records in QuickBooks
The date you were hired to do the bookkeeping for the business.
Which of the following is a reason to create a new company file?
To start recording transactions for a new year because each file tracks only one fiscal year.
QuickBooks cannot create more than one file.
To start over when a company file has many errors that are beyond repair
The current company file has reached a limit of 1,000 transactions.
The company file you are working on is a mess. You decided to start a new file. At the same time you want to keep all the lists and preferences and just delete the transactions. How do you do this?
Create a company and select copy settings from another company in the Easy Step interview.
Click the File menu, choose utilities, condense data, then choose default transaction option.
You can't do this in QuickBooks
Click on the Edit menu and delete all transactions.
You finished entering all the transactions for last year, and just sent the file to the tax preparer. How do you ensure that no one accidently deletes or edits a transaction last year?
In the company information window select the first month in the fiscal year.
Click the close financial year icon on the home page and enter the end of your fiscal year.
Complete the closed the book wizard.
Set the closing date and password in the accounting preferences in the company menu.
Which of the following is TRUE regarding General Journal entries?
General Journal entries require a good understanding of debits and credits and should not be used by non-accountants.
Enter a General Journal entry when you are not sure which form to use.
General Journal entries should not be used for year-end adjustments.
General Journal entries should not be used to enter depreciation.
Which is a reason to NOT enter a general journal entry?
To enter transactions in another way instead of using built in forms.
For accountants to make entries
For yearend adjustments.
Enter depreciation
You been asked to move the name of the customer and the customer center from the top of the list to the bottom of the list. How do you do this without renaming the customer?
Click to the right of the name then drag the name up or down the list
Right-click on the name then select sort by selection
You can't move list entries to different location on the list
Click on the diamond to the left of the name and then drag the name up or down to the desired location
How would you track customer birth dates in QuickBooks?
Use the built in Excel link to track the information.
Add a custom field to the customer list.
Use track additional data feature in the customer center.
You cannot track customer's birthdays.
Your company just hired a subcontractor to work 40 hours per week. Which list should you add this person to?
Employees.
Vendors.
Subcontractors.
Other names.
List entries may be deleted only when:
There is no balance, it has not been uses and is not linked to anything that has been used.
You entered a valid security password.
List entries can never be deleted.
The entry has not been used in the current year.
How do you make an item on the item list inactive?
Open the item list, click to select appropriate item, then click the activities button and select inactivate item.
Open the item list, click to select the appropriate item, then click the bottom left button and select make item inactive.
Open the item list, click the select inactive items button, then select the appropriate items then click ok.
Click the items list and select make entries inactive then select the appropriate list entry then click ok.
You are setting up a service item. What happens if you select the box next to this "service is performed by a subcontractor or partner"?
QuickBooks provides fields so you can track purchase and sales information for that item.
QuickBooks automatically sets up a 1099 tracking.
QuickBooks makes the item a payroll item.
QuickBooks automatically marks this item for time tracking.
Your company sells unique items to every customer. They never sell the same service or product twice. What item should you set up in QuickBooks?
Set up a generic item and edit the description and price each time.
Set up unique items for each sale and make them inactive after the sale.
Click the one time use button in the new item window.
Do not use items when invoicing the customer.
Which two steps do you follow to track accounts payable in QuickBooks?
Enter bills, pay bills
Enter bills, write checks
Pay bills, print checks
File bills, pay bills
What is the quickest way to find an invoice from 6 months ago?
Click the Help menu, search for invoice by date.
Open an invoice and click the find button.
Click the help and search for the invoice by number.
Click the previous button until you find the invoice.
What is the Undeposited Funds account in QuickBooks?
An account used to record unpaid invoices.
An account used to remove bounced checks.
An account used to record payments you've made that have not been deposited yet.
An account used to record payments before you make a deposit.
How do you record debit card transactions in QuickBooks?
You don't set up a debit card at all.
Use the write checks window, enter the check and write debit in the check number field.
Open the check register and select debit card.
Create sub accounts.
Which of the following statements is TRUE regarding how you record a debit card transaction in QuickBooks?
Set up a credit card type account and name it debit card then use the Enter Credit Card Charges window.
Use the Write Checks window or Check Register and type debit in the check number field.
Set up a new window and choose Debit Card as the type then use the Enter Debit Card Charges window.
Use the cash payment window.
Which of the following is a possible reason for a bank reconciliation discrepancy?
You did not record checks in QuickBooks that are dated after the bank statement date.
The beginning balance calculated by QuickBooks does not match last months ending balance.
The QuickBooks Balance will never match the banks' balance.
The bank reconciliation is on a cash basis instead of the correct accrual basis.
When should you VOID instead of delete a check?
You mistakenly printed checks on plain paper.
You used the check number but it will never be cashed.
You entered the same check number twice in QuickBooks.
You accidently entered a handwritten check in QuickBooks but the purchase is actually made using a credit card.
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?
Record a transaction to show that the customer owes you that money but do not update your checking balance until you contact the customer in case they want to pay with a credit card.
Record a transaction to show the customer owes you the money and that the checking balance has decreased by that same amount.
Delete the customer's payment from the deposit
Delete the customer's statement charge from your records
When should you enter a customer credit memo?
To extend credit to a customer, i.e. Setup a revolving credit account
When customer returns a product that is damaged.
To record a customer payment against an invoice.
Only after you issue a debit memo.
There are two primary financial statements that summarize the chart of accounts. Which of the following is one of these reports?
Cash flow forecast
Balance sheet
Chart of accounts summary
Depreciation statement
Which report is also known as an income statement and summarizes income and expenses for a month.
Profit & Loss Standard
Balance Sheet Standard
Cash Flows & Forecast
Net Worth Summary
Which of the following could explain why a profit and loss shows a profit, but the business owner doesn't have any money in the bank?
This is the difference between fund and class reporting.
This is the difference between accounts receivable and accounts payable reporting.
This is the difference between item profitability reporting and job profitability reporting.
This is the difference between cash and accrual reporting.
Where can you see a thumbnail sample of each report in QuickBooks along with a description of what the report tells you?
Report menu
View menu
Report center
Document center
How do you display a group of reports?
Click the reports center icon then click the process multiple reports button.
Click the reports menu then select process multiple reports.
Click the file menu then click multiple reports.
Click the process multiple reports icon on the home page.
If you have a customized report that you use each month, which feature lets you run the report with updated data each month.
Update Report
Memorize Report
Automate Report
Customize Report
How do you make a column on a report wider?
Right click on the column and select column width, enter the appropriate amount and click OK.
Click the Format menu, select column width and enter the appropriate amount and click OK.
Click the three dots to the right of the column and drag it to the right.
Click the modify report button, click the display tab, and enter the appropriate column width.
How do you hide all subaccounts on a report?
Click the hide detail button.
Click the hide subaccounts button.
Click the modify reports button then the hide subaccounts then click ok.
Click the collapse button.
How can you open a QuickBooks report in Microsoft Excel?
You can't open a QuickBooks report in Excel.
Click the Excel button on the top of any QuickBooks report.
Use the import from QuickBooks Wizard in Microsoft Excel.
Select the view report in a database in the report center.
Which list represents the payroll services you can add to QuickBooks?
Basic (calculates taxes for you); Enhanced (adds state and federal tax forms); Assisted (Intuit handles payroll taxes and forms); and Full Service (Intuit processes payroll completely).
You don't have to add a payroll service to QuickBooks.
Basic (ca)culates taxes and helps create state and federal tax forms) and Assisted (Intuit handles payroll taxes and forms).
Basic (calculates taxes and helps create state and federal tax forms) and Full Service (Intuit processes payroll completely).
Assume that QuickBooks is now in Single User Mode. What does this mean?
Multiple users can access the company file, however, their activities are restricted
Only one user can work with each functional area.
Only one user can access the company file.
Multiple users can access the company file, however, only one transaction can be saved at a time.
Put the 2 steps for entering a vendor credit and using it when you pay the bill in the correct order. What is Step 1?
Click the Global Create Button, Plus sign, and select Vendor Credit.
Click the Global Create Butto, Plus sign and select Pay Bills.
Put the 2 steps for entering a vendor credit and using it when you pay the bill in the correct order. What is step 2?
Click the Global Create Button, Plus sign, and select Vendor Credit.
Click the Global Create Button, Plus sign and select Pay Bills.
Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)?
Yes, QuickBooks will automatically create a transaction to make the balance zero.
No, you can only delete something on a list if it has no balance.
While setting up a QuickBooks Online account, you accidentally entered the wrong company address. How would you fix this error?
You make a new Quickbooks account using the advanced start up menu.
Change it in Account and Settings window, which you can access by clicking the Gear icon and select Account and Settings.
This cannot be done at all in QuickBooks Online.
Change it in Account and settings window, which you can access by clicking the Plus icon and select Account and Settings.
Put the 2 steps for entering a vendor credit and using it when you pay the bill in the correct order. What is step 1?
Click the Global Create Button, Plus sign and select pay bills.
Click the plus and select retain credit.
Click the Global Create Button, Plus sign, and select Vendor Credit.
Click the Global Create Button, Plus sign and select enter bills
Put the 2 steps for entering a vendor credit and using it when you pay the bill in the correct order. What is step 2?
Click the Global Create Button,Plus sign and select Pay Bills.
Click the plus and select retain credit.
Click the Global Create Button, Plus sign, and select Vendor Credit.
Click the Global Create Button, Plus sign and select enter bills
Hide do you hide all subaccounts on a report?
Click the hide subaccounts button.
You cannot hide these details here, you have to export the report to excel.
Click the Collapse.
Click the minimize button
Your company no longer sells a particular product/service. What is the process for removing the product or service? What is step 1?
Under Lists, click Products and Services
To the right of the product you want to remove, click the drop list and select Make Inactive
Click the Gear Icon
Your company no longer sells a particular product/service. What is the process for removing the product or service? What is step 2?
Click the Gear Icon
To the right of the product you want to remove, click the drop list and select Make Inactive.
Under Lists, click Products and Services
Your company no longer sells a particular product/service. What is the process for removing the product or service? What is step 3?
Under Lists, click Products and Services
To the right of the product you want to remove, click the drop list and select Make Inactive.
Click the Gear Icon
Two customers with unpaid invoices paid you in cash today. Here is the issue. The bank statement will show just ONE deposit of $1000. However, you received 2 payments of $500 each. What is the process of recording these payments, so your Bank register shows ONE deposit of $1000? What is step 1?
Click receive payment next to customer 1
Click the Plus icon and select Bank Deposit. Select both payments from the list and save the $1000 deposit
Record the payment and deposit the money to "Undeposited Funds"
Record the payment and deposit the money to "Undeposited Funds"
Click receive payment next to customer 2
Two customers with unpaid invoices paid you in cash today. Here is the issue. The bank statement will show just ONE deposit of $1000. However, you received 2 payments of $500 each. What is the process of recording these payments, so your Bank register shows ONE deposit of $1000? What is step 2?
Click receive payment next to customer 2
Click the Plus icon and select Bank Deposit. Select both payments from the list and save the $1000 deposit.
Click receive payment next to customer 1
Record the payment and deposit the money to "Undeposited Funds" (customer 2)
Record the payment and deposit the money to "Undeposited Funds" (Customer 1)
Two customers with unpaid invoices paid you in cash today. Here is the issue. The bank statement will show just ONE deposit of $1000. However, you received 2 payments of $500 each. What is the process of recording these payments, so your Bank register shows ONE deposit of $1000? What is step3?
Click the Plus icon and select Bank Deposit. Select both payments from the list and save the $1000 deposit.
Record the payment and deposit the money to "Undeposited Funds"(Customer 1)
Click receive payment next to customer 1
Click receive payment next to customer 2
Record the payment and deposit the money to "Undeposited Funds" (Customer 2)
Two customers with unpaid invoices paid you in cash today. Here is the issue. The bank statement will show just ONE deposit of $1000. However, you received 2 payments of $500 each. What is the process of recording these payments, so your Bank register shows ONE deposit of $1000? What is step 4?
Click receive payment next to customer 2
Click receive payment next to customer 1
Click the Plus icon and select Bank Deposit. Select both payments from the list and save the $1000 deposit
Record the payment and deposit the money to "Undeposited Funds" (Customer 1)
Record the payment and deposit the money to "Undeposited Funds" (Customer 2)
Two customers with unpaid invoices paid you in cash today. Here is the issue. The bank statement will show just ONE deposit of $1000. However, you received 2 payments of $500 each. What is the process of recording these payments, so your Bank register shows ONE deposit of $1000? What is step 5?
Record the payment and deposit the money to "Undeposited Funds" (Customer 1)
Click the Plus icon and select Bank Deposit. Select both payments from the list and save the $1000 deposit
Click receive payment next to customer 2
Record the payment and deposit the money to "Undeposited Funds" (Customer 2)
Click receive payment next to customer 1
You're tired of using your mouse to record transactions. You decide to start using shortcuts. How can you see a list of keyboard shortcuts in QuickBooks?
F1
Click "CTRL" and "W"
F2
Hold down the "CTRL", "ALT", and "?" keys at the same time
Which transaction cannot be made recurring?
General Journal Entry
Expense
Check
Bill Payment
You accidently entered the same customer twice (the first time you spelled the first name JOHN, the second time you spelled it JON). You only want ONE customer on the list (JOHN Melton). What is step 1?
In the Display Name field, enter the name you want keep (JOHN Melton)
Edit the customer you want to get rid of (JON Melton)
Click Yes when QuickBooks asks if you'd like to Merge the names
You accidently entered the same customer twice (the first time you spelled the first name JOHN, the second time you spelled it JON). You only want ONE customer on the list (JOHN Melton). What is step 2
Click Yes when QuickBooks asks if you'd like to Merge the names
Click Yes when QuickBooks asks if you'd like to Merge the names
In the Display Name field, enter the name you want keep (JOHN Melton)
You accidently entered the same customer twice (the first time you spelled the first name JOHN, the second time you spelled it JON). You only want ONE customer on the list (JOHN Melton). What is step 3?
In the Display Name field, enter the name you want keep (JOHN Melton)
Click Yes when QuickBooks asks if you'd like to Merge the names
Edit the customer you want to get rid of (JON Melton)
A non-profit client wants to change the heading for her customers to Donors. Where should she go in QuickBooks Online to change this setting?
Gear Icon>Account Settings>Advanced>Other preferences>Customer label
Plus Icon>Account Settings>Advanced>Other preferences>Customer label
Home Page >Account Settings>Advanced>Other preferences>Customer label
What are posting transactions related to sales?
Invoice.Receive Payment. Credit memo. Sales receipt. Refund
Invoice. Receive Payment. Credit memo. Sales receipt. Refund. Checks
Estimate. Delayed charge. Delayed credit
Estimate. Delayed charge. Delayed credit. Checks
What are non-posting transactions related to sales?
Estimate. Delayed charge. Delayed credit
Estimate. Delayed charge. Delayed credit. Vendor Memos
Invoice. Receive Payment. Credit memo. Sales receipt. Refund. Checks
Invoice. Receive Payment. Credit memo. Sales receipt. Refund.
Your customer walked in, purchased two widgets and gave you cash. After receiving the payment, and thanking them, you decided to record the sale in QuickBooks. Put the steps for recording this sale in the correct order. What is step 1?
Click Sales Receipt
Click the Plus icon
Save the transaction
Enter the sale and payment information
Your customer walked in, purchased two widgets and gave you cash. After receiving the payment, and thanking them, you decided to record the sale in QuickBooks. Put the steps for recording this sale in the correct order. What is step 2?
Click Sales Receipt
Click the Plus icon
Save the transaction
Enter the sale and payment information
Your customer walked in, purchased two widgets and gave you cash. After receiving the payment, and thanking them, you decided to record the sale in QuickBooks. Put the steps for recording this sale in the correct order. What is step 3?
Click Sales Receipt
Click the Plus icon
Save the transaction
Enter the sale and payment information
Your customer walked in, purchased two widgets and gave you cash. After receiving the payment, and thanking them, you decided to record the sale in QuickBooks. Put the steps for recording this sale in the correct order. What is step 4?
Click Sales Receipt
Click the Plus icon
Save the transaction
Enter the sale and payment information
You returned some office supplies you recorded on bill #1234. You haven't paid the bill yet. Which is the correct sequence of steps to record the Vendor Credit and apply it to the bill payment? What is step 1?
Click the Global Create button, Plus icon, and select Vendor Credit. Enter the information on the form and save the transaction
Click the Global Create button, Plus icon, and select Pay Bills, Select the bill to apply the credit towards.
Enter the amount of credit to use in the Credit Applied column.
Save the bill payment.
You returned some office supplies you recorded on bill #1234. You haven't paid the bill yet. Which is the correct sequence of steps to record the Vendor Credit and apply it to the bill payment? What is step 2?
Click the Global Create button, Plus icon, and select Vendor Credit. Enter the information on the form and save the transaction
Click the Global Create button, Plus icon, and select Pay Bills, Select the bill to apply the credit towards.
Enter the amount of credit to use in the Credit Applied column.
Save the bill payment.
You returned some office supplies you recorded on bill #1234. You haven't paid the bill yet. Which is the correct sequence of steps to record the Vendor Credit and apply it to the bill payment? What is step 3?
Click the Global Create button, Plus icon, and select Vendor Credit. Enter the information on the form and save the transaction
Click the Global Create button, Plus icon, and select Pay Bills, Select the bill to apply the credit towards.
Enter the amount of credit to use in the Credit Applied column.
Save the bill payment.
You returned some office supplies you recorded on bill #1234. You haven't paid the bill yet. Which is the correct sequence of steps to record the Vendor Credit and apply it to the bill payment? What is step 4?
Click the Global Create button, Plus icon, and select Vendor Credit. Enter the information on the form and save the transaction
Click the Global Create button, Plus icon, and select Pay Bills, Select the bill to apply the credit towards.
Enter the amount of credit to use in the Credit Applied column.
Save the bill payment.
You just received an invoice from a new vendor. Your company keeps track of Accounts Payable (A/P). Place the steps for tracking and paying this invoice in the correct order. What is step 1?
Click the Global Create button, Plus icon, and select Bill
Enter the details from the invoice
Click the Global Create button, Plus icon and select Pay Bills
Select the bills you want to pay. Ensure the payment account, and payment date are correct, and save your work
You just received an invoice from a new vendor. Your company keeps track of Accounts Payable (A/P). Place the steps for tracking and paying this invoice in the correct order. What is step 2?
Click the Global Create button, Plus icon, and select Bill
Enter the details from the invoice
Click the Global Create button, Plus icon and select Pay Bills
Select the bills you want to pay. Ensure the payment account, and payment date are correct, and save your work
You just received an invoice from a new vendor. Your company keeps track of Accounts Payable (A/P). Place the steps for tracking and paying this invoice in the correct order. What is step 3?
Click the Global Create button, Plus icon, and select Bill
Enter the details from the invoice
Click the Global Create button, Plus icon and select Pay Bills
Select the bills you want to pay. Ensure the payment account, and payment date are correct, and save your work
You just received an invoice from a new vendor. Your company keeps track of Accounts Payable (A/P). Place the steps for tracking and paying this invoice in the correct order. What is step 4?
Click the Global Create button, Plus icon, and select Bill
Enter the details from the invoice
Click the Global Create button, Plus icon and select Pay Bills
Select the bills you want to pay. Ensure the payment account, and payment date are correct, and save your work
What is the proper sequence of purchasing inventory using a purchase order? What is step 1?
Click the Global Create button, Plus icon, and select Purchase order
Click the Global Create button, Plus icon, and select Bill
Click the Vendors button and select Purchase Order
What is the proper sequence of purchasing inventory using a purchase order? What is step 2?
Click the Global Create button, Plus icon, and select Purchase order
Click the Global Create button, Plus icon, and select Bill
Click the Vendors button and select Purchase Order
What is the proper sequence of purchasing inventory using a purchase order? What is step 3?
Click the Global Create button, Plus icon, and select Purchase order
Click the Global Create button, Plus icon, and select Bill
Click the Vendors button and select Purchase Order
You're a consultant and you invoiced a customer last year for 6 hours of service. They still haven't paid you! You spoke with them today and found out that you accidently invoiced them for 10 hours! NOTE: You've already filed your taxes for last year. Put the steps to record that they only owe you for 6 hours in the right order. What is Step 1?
Click the Plus icon
Click Credit Memo
Enter the customer information, the service you used on the original invoice, and a quantity of 4
Save the transaction
You're a consultant and you invoiced a customer last year for 6 hours of service. They still haven't paid you! You spoke with them today and found out that you accidently invoiced them for 10 hours! NOTE: You've already filed your taxes for last year. Put the steps to record that they only owe you for 6 hours in the right order. What is Step 2?
Click the Plus icon
Click Credit Memo
Enter the customer information, the service you used on the original invoice, and a quantity of 4
Save the transaction
You're a consultant and you invoiced a customer last year for 6 hours of service. They still haven't paid you! You spoke with them today and found out that you accidently invoiced them for 10 hours! NOTE: You've already filed your taxes for last year. Put the steps to record that they only owe you for 6 hours in the right order. What is Step 3?
Click the Plus icon
Click Credit Memo
Enter the customer information, the service you used on the original invoice, and a quantity of 4
Save the transaction
You're a consultant and you invoiced a customer last year for 6 hours of service. They still haven't paid you! You spoke with them today and found out that you accidently invoiced them for 10 hours! NOTE: You've already filed your taxes for last year. Put the steps to record that they only owe you for 6 hours in the right order. What is Step 4?
Click the Plus icon
Click Credit Memo
Enter the customer information, the service you used on the original invoice, and a quantity of 4
Save the transaction
You suspect that someone is changing transactions in QuickBooks. List the steps to see who has made changes (and what they've changed) in the correct order (you don't have to select all the steps). What is step 1?
Click the Gear icon
Click Audit Log
You suspect that someone is changing transactions in QuickBooks. List the steps to see who has made changes (and what they've changed) in the correct order (you don't have to select all the steps). What is step 2?
Click the Gear icon
Click Audit Log
You used a credit card and need to record the transaction in QuickBooks (you DO NOT use online banking so you have to do this manually). Put the 3 steps to record this purchase in the correct order. What is step 1?
Click the Global Create button, Plus icon, and select Expense
Record how much you charged and what you purchased
In the account field at the top, select the Credit Card account
You used a credit card and need to record the transaction in QuickBooks (you DO NOT use online banking so you have to do this manually). Put the 3 steps to record this purchase in the correct order. What is step 2?
Click the Global Create button, Plus icon, and select Expense
Record how much you charged and what you purchased
In the account field at the top, select the Credit Card account
You used a credit card and need to record the transaction in QuickBooks (you DO NOT use online banking so you have to do this manually). Put the 3 steps to record this purchase in the correct order. What is step 3?
Click the Global Create button, Plus icon, and select Expense
Record how much you charged and what you purchased
In the account field at the top, select the Credit Card account
Put the 2 steps for customizing an invoice in the correct order. What is step 1?
Click the Gear icon
Select Custom Form from Styles
Put the 2 steps for customizing an invoice in the correct order. What is step 2?
Click the Gear icon
Select Custom Form from Styles
Place the steps to set up QuickBooks to automatically email a report in the correct order. What is step 1?
Click "Save Customizations"
Click the reports tab and select the "My Custom Reports" Tab
Next to the report you want QuickBooks to email, click Edit
Set up the details of the email schedule
Place the steps to set up QuickBooks to automatically email a report in the correct order. What is step 2?
Click "Save Customizations"
Click the reports tab and select the "My Custom Reports" Tab
Next to the report you want QuickBooks to email, click Edit
Set up the details of the email schedule
Place the steps to set up QuickBooks to automatically email a report in the correct order. What is step 3?
Click "Save Customizations"
Click the reports tab and select the "My Custom Reports" Tab
Next to the report you want QuickBooks to email, click Edit
Set up the details of the email schedule
Place the steps to set up QuickBooks to automatically email a report in the correct order. What is step 4?
Click "Save Customizations"
Click the reports tab and select the "My Custom Reports" Tab
Next to the report you want QuickBooks to email, click Edit
Set up the details of the email schedule
Lets you see information and transactions within a specific area. You can also create new transactions within an area directly from one of the tabs/pages
Navigation Bar
Plus Icon
Gear Icon
Click this icon to create any new transactions, no matter where you are in QuickBooks
Navigation Bar
Gear Icon
Plus Icon
You made a sale but your customer still owes you payment-Increases customer's balance
Invoice
Receive Payment
Sales Receipt
Estimate
Delayed Charge
You received a payment for a customer you've already invoiced-Decreases the customer's balance
Invoice
Receive Payment
Sales Receipt
Estimate
Delayed Charge
Your customer paid you at the time of the sale-Doesn't affect the customer's balance
Invoice
Receive Payment
Sales Receipt
Estimate
Delayed Charge
Your customer isn't sure if they want to purchase anything but they might do so in the future-Doesn't affect the customer's balance
Invoice
Receive Payment
Sales Receipt
Estimate
Delayed Charge
You provide a service or product that you want to add to an invoice in the future-Doesn't affect customer's balance
Plus Icon
Invoice
Receive Payment
Sales Receipt
Estimate
Delayed Charge
