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Exam (elaborations)

QBO ProAdvisor Questions and Answers

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  • Course
  • QBO Certification
  • Institution
  • QBO Certification

With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a QuickBooks Online subscription can you offer your clients? With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a QuickBooks Online subscription can you offer your clients? ...

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  • August 16, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QBO Certification
  • QBO Certification
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MASTER01
QBO ProAdvisor Questions and
Answers
A new client has asked you to review their QuickBooks Online company, which was

set up by their previous bookkeeper.You start by looking at the Client Overview

screen. If QuickBooks Online was set up correctly, what figure should you expect to

see in the Opening balance equity account balance?

✓ ~~~A balance of zero



For clients with a QuickBooks Online Plus account, what's the maximum number of

billable users?

✓ ~~~5 users & 2 accountants



With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a

QuickBooks Online subscription can you offer your clients?

✓ ~~~30%



Dianne runs a small bookkeeping practice. She has specifically decided to target

service-based solopreneurs and freelancers with no current need to track accounts

receivable, accounts payable, or payroll.

✓ ~~~Self-Employed



Your client needs a QuickBooks Online solution that includes tracking for:

Sales

Sales tax

, Inventory

What is the minimum subscription level in QuickBooks Online you would

recommend?

✓ ~~~Plus (Inventory is the key here)



Your client has been using the QuickBooks Online Mileage Tracker throughout the

year.

It's nearing year end and you are preparing the log for auto expense deduction.

Which 3 of these things should you check for auto expense deductions at year end?

✓ ~~~Calculated mileage, any vehicle changes, that all trips have been reviewed



You need your client to send you a copy of a paper receipt so that you can match it

to a gas expense in their QuickBooks Online.

You create a client request and add a screenshot of the expense entry in

QuickBooks Online to help your client identify which receipt they're looking for.

Which are 2 places where your client can see this request?

✓ ~~~Via email, unless you unchecked Notify client. In My Accountant in their QBO
company



You want to add an app to your firm's books in QuickBooks Online Accountant.

Which 2 levels of account user can add apps?

✓ ~~~Full access team user & Firm Primary Admin

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