QuickBooks Online Certification Exam- Section 1 Correct 100%(FULL PACK SOLUTIONS) LATEST EXAM BUNDLE

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - ANSWERSSo that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? - ANSWERS1) Si...

Why would you hide or collapse sub accounts on a report? - ANSWERSTo temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - ANSWERSChoose between retained as an available credit, give a refund or apply to an invoic...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? - ANSWERSYes, QuickBooks will automatically create a transaction to make the balance zero. While setting up a QuickBooks Online account, you accidentally entered the wron...

What type of business relies on knowing their inventory at all times? - ANSWERSB2B Wholesale businesses *** Managing inventory and avoiding out-of-stock situations is critical to the success of what type of business, as well as understanding cash flow and balance sheets? - ANSWERSRetail and e-com...

Which 3 navigation features are missing in a Reports Only user's view? - ANSWERSNavigation panel Search box + New button Gear icon Help menu Your client has called for help with their bank feeds in QuickBooks Online. You begin by asking them to open the Banking tab in the Left Navigation bar...

Client Needs Assessment Process - ANSWERSWho, What, When, and How Who? - ANSWERSGet to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - ANSWERSEvery business, large or small, has a variety of parts. You need to find our what they are...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? - ANSWERSYes, QuickBooks will automatically create a transaction to make the balance zero. While setting up a QuickBooks Online account, you accidentally entered the wron...