QuickBooks 51- 60

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.

Which report shows how much you owe for sales tax?

• Sales Tax Revenue Summary

• 1099 Detail

• Sales Tax Liability

• AP Aging

Where can you see a thumbnail sample of each report in QuickBooks along with a description of what the report tells you?

• Report men

• View menu

• Report center

• Document center

What can you do in the report center?

• Start the client data review.

• Add reports to QuickBooks

• Run most reports in QuickBooks

• Delete reports in QuickBooks Multiple Reports

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.

How do you customize a report, i.e. change the information QuickBooks displays, change the title etc?

• Click the customize report button on the report.

• Double click on the report element you want to change.

• Click the modify report button on the report.

• Right click on the report element you want to change.

How do you change text in the header/footer of a report?

• You can't change the header/footer in QuickBooks. You would have to do this in Excel.

• Double click on the header or footer in the report you want to change.

• Click the customize report button on the report and then change the header footer tab.

• Right click on the header footer in the report you want to change.

Suppose you always want all reports to show a specific size and color, how do you set the standard or preference in QuickBooks so you don't have to customize each report?

• You must customize each report individually.

• Click the Reports menu and select global report preferences.

• Click the Reports menu and select Memorize Reports, set preferences; you can only set report preferences for memorized reports.

• Click the edit menu and select preferences then click the reports and graphs group to set your report preferences.

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.