QuickBook Questions

QuickBooks Online has a great features. Clients can use Online invoicing, which will track when they've been viewed and paid. Online Invoicing even allows for customer queries via online messages directly linked to the invoice. You now need to enable this feature in the new client company you're setting up.

Take a look at the steps below.

1. Select the Gear icon, and select Account and Settings, under the Your Company column

2........... and scroll down to the Online delivery section

3........... to ensure that Attach invoice as pdf is unchecked.

Can you identify the missing steps?

• Step 2: Select Online invoice from the drop-down list; Step 3: Select the Sales tab

• Step 2: Select Save; Step 3: Select the gear icon

• Step 2: Under your company, select Account and Settings; Step 3: Select Advanced tab

• Step 2: Select the Sales tab; Step 3: From the drop-down list, select Online Invoice

Your client has asked you to turn on warnings for duplicate check and bill numbers in their QuickBooks Online company. Take a look at the steps below.

1...............

2. Under Your Company, select Account and Settings

3. Select the Advanced tab

4. In the Other preferences section, select the option to warn if duplicate check number is used and warn if duplicate bill number is used

5...................

Starting at the QuickBooks Online Dashboard, which option would complete the following steps?

• Step 1: Select Sign in; Step 5: Select the Gear icon under the Tools column

• Step 1: Select the Gear icon; Step 5: Select Save

• Step 1: Scroll down to the Online delivery section; Step 5: Ensure that Attach invoice as pdf is unchecked

• Step 1: Sign in to your QuickBooks Online Accountant account Step 5: Select Account and Settings

Your client doesn't want to pay a monthly fee for their QuickBooks Payments merchant account. What other option is available to them, and where in QuickBooks Online can they sign up for QuickBooks Payments?

• There is another plan which means the customer pays the transactions charge; In the Billing and Subscription tab of Account and Settings

• There is no other option

• The customer pays the transaction charge

• Full-Service Payroll

Your client has moved and needs you to modify the business address of the company in QuickBooks Online

Take a look at the steps below

1. Sign in to your QuickBooks Online Accountant account

2............................

3. You'll see the client company dashboard

4............................

5. Select Account and Settings

6. Select the Pencil icon in the Address section of the Company tab

What are the missing steps to get you to the screen to edit the address for your client?

• Step 2: Select the client company from the Client Switcher drop-down in the green header bar

  Select 4: Select the Gear icon

• Step 2: Select the Gear icon

  Step 4: Select the client company from the Client Switcher drop-down in the green header bar

• Step 2: Go to the gear icon

  Step 4: Select all lists

• None of the above

A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill in forms. Where would you go to find these lists?

• Company Dashboard

• Go to the Gear icon and select All Lists

• Billing and Subscription tab

• Account and Settings

Where can you go in QuickBooks Online to import a list of product and services?

• Go to the Tools column, then product and services

• QuickBooks.com

• Sales Center

• Select the Gear icon and under the Tools column, select Import Data, then Products and services

A small business owner already has an Intuit ID and is going to set up their own QuickBooks Online company. Below are a series of steps for setting up a new QuickBooks Online company.

1. Go to QuickBooks.com

2. Select the appropriate subscription level

3. Select Sign in

4.................................

5. Select Sign in

Can you identify the missing step 4?

• Step 4: Enter the password

• Step 4: Click continue to Quickbooks

• Step 4: Enter an Intuit ID email address and password

• None of the above

Below are a series of steps for accepting an invitation from the client to become their accountant user.

1. Open the email account you use for your Intuit ID

2. You will see an invite from the client company

3. Select the Accept button to accept the invitation

4.................... and you'll see a Success! box

5. Select Continue

Can you identify the missing step?

• Step 4: Accept the invitation

• Step 4: Sign in to your QuickBooks Online Accountant account

• Step 4: Open the email account

• Step 4: Select import data

Look at the following two statements:

- Statement 1: " QuickBooks Online ................... is the do-it-for- me option; a complete payroll service with a team of US- based payroll experts to take care of payroll for your client"

-Statement 2: " You can also link up............... with QuickBooks to simplify workflow and save yourself a significant amount of time. You'll benefit from a seamless, end-to-end experience that translates a client's QuickBooks Online books into a tax return."

Identify the products that fit in the spaces to correctly complete the statements.

• Full- Service Payroll; ProConnect Tax Online

• ProConnect Tax Online; Full- Service Payroll

• Sales of Product Income; Chart of Accounts

• Full- Service Tax Online; ProConnect Payroll

The Chart of Accountants lies at the heart of a QuickBooks Online company. Which 5 of the following statements are true about the Chart of Accounts, how to make changes to the Chart of Accounts, and how products and services are linked to the Chart of Accounts?

• To add a new account, you open the Chart of Accounts by selecting Accounting from the left navigation, then select New to open the Account window

  
  

  The Sales of Product Income account is a default account when inventory is turned on

  
  

  If you add a new account, the category type determines on which financial statement this account will show

  
  

  When we set up Products and Services, they are linked to the Chart of Accounts by specifying a sales price/rate

  
  

  Delete an account from the Chart of Accounts if it not relevant to your business

• If you add a new account, the category type determines on which financial statement this account will show

  
  

  To add a new account, you open the Chart of Accounts by selecting Accounting from the left navigation, then select New to open the Account window

  
  

  The Sales of Product Income account is a default account when inventory is turned on

  
  

  When we set up Products and Services, they are linked to the Chart of Accounts by specifying a sales price/rate

  
  

  Delete an account from the Chart of Accounts if it not relevant to your business

• The Sales of Product Income account is a default account when inventory is turned on

  
  

  When we set up Products and Services, they are linked to the Chart of Accounts by specifying a sales price/rate

  
  

  If you add a new account, the category type determines on which financial statement this account will show

  
  

  To add a new account, you open the Chart of Accounts by selecting Accounting from the left navigation, then select New to open the Account window

  
  

  Delete an account from the Chart of Accounts if it not relevant to your business

• When we set up Products and Services, they are linked to the Chart of Accounts by specifying a sales price/rate

  
  

  If you add a new account, the category type determines on which financial statement this account will show

  
  

  To add a new account, you open the Chart of Accounts by selecting Accounting from the left navigation, then select New to open the Account window

  
  

  Delete an account from the Chart of Accounts if it not relevant to your business

  
  

  The Sales of Product Income account is a default account when inventory is turned on