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WorksheetsQuickBooks 71 - 80
Total questions: 10
Worksheet time: 5mins
Which payroll service allows you to print state tax forms?
Basic payroll
Standard payroll
Enhanced payroll
Advanced payroll
What is the end result of payroll setup interview?
A payroll service option has been selected and you are ready to setup employees and taxes.
Your first payroll is completed.
QuickBooks has an accurate record of employee's earnings and deductions and payroll history and you are ready to create your first paycheck.
QuickBooks advises that you need to create checks or regular checks from 1099.
What is the end result of a payroll setup interview?
A payroll service option is selected.
Your fist payroll is completed.
QuickBooks has an accurate record of employees, earning deductions and payroll history and you are ready to create the first paycheck
Your payroll service subscription is selected and activated.
Your new employee earned an annual salary of $40,000. How do you enter this into QuickBooks?
Divide 40,000 by the number of pay periods and manually enter this amount on each paycheck.
Divide 40,000 by the number of pay periods, example monthly, and enter that amount in the payroll info window.
Enter 40,000 in the payroll info window.
Divide 40,000 by the number of hours in a work year and enter that amount in the payroll info window.
When you set up a new employee, how do you add a payroll deduction such as medical insurance?
In the new employee window, click the change tab drop down list and select employment info, then add the medical insurance payroll item below the employment detail section.
In the new employee window, click the change tab drop down list and select payroll and compensation info and then add the medical insurance payroll item below the additions deductions and company contributions.
In the new employee window, click the change tab drop down list and select personal info and then add the medical information in the personal deductions.
In the new employee window, click the change tab drop down list and select payroll and compensation information then click the taxes button and the medical insurance payroll below the other taxes and deductions.
What steps must you complete to use the payroll center to pay payroll liabilities?
Enter General Journal entries to record amounts due.
Drag and drop liabilities to the payment calendar.
Set deposit frequencies.
Run payroll forms such as the 9-41
How do you pay, Payroll Liabilities in QuickBooks?
Click write check or use the check register, enter the amount and select payroll liability as the account in the expense tab.
Click write check or use the check register, enter the amount and select the payroll items you are paying in the item tab.
Select the payment you want to make form the pay scheduled liability select view pay.
Drag and drop liabilities to the payment calendar.
For each functional area of QuickBooks Pro and Premier, i.e. Sales Accounts, Accounts Receivable, Purchases, what levels of access can you grant to users?
You can prohibit access, grant full access or grant selective access; these levels apply to all transactions within that area.
You can prohibit access, grant full access or grant selective access; these levels apply to specific transactions in that area.
You can prohibit access or grant full access; these levels apply to specific transactions within that area.
You can prohibit access or grant full access; these levels apply to all transactions within that area.
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.
Which of the following statement is TRUE regarding single user and multi user mode?
To use QuickBooks in multi user mode the administrator and other users can have different versions of QuickBooks.
Only the administrator is allowed in the file while it is in single user mode.
To use QuickBooks in multi user mode each user must have the same version of QuickBooks on their computer to have access.
You can have a minimum of three users at a time in multiuser mode.
