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QBO Certification Exam - Ingram 2024/2025. 100% Correct.
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QBO Certification Exam - Ingram 2024/2025. 100% Correct.
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QBO Certification Exam - Ingram 2024/2025. 100%Correct.
Quickbooks Online Plus
A client who requires profitability tracking and needs to create budgets and purchase orders
Client Profile
Features and Solutions
Needs Assessment
Which 3 of these areas does the Client Needs Assessment tool focus on to help gather information
needed to select the right QBO subscription?
Client Needs Assessment
Which section in the New Client Checklist helps you understand your client's needs to determine the
features and solutions required?
New Client Checklist
What resource is available to help scope out your clients' needs?
Direct discount
You're adding a new client subscription through QBO Accountant. Which billing option would you choose
if you want Intuit to bill your client?
Itemized billing of all firm billed subscriptions
Ability to add, remove, or change clients' subscription
Up to 30% off subscriptions for your clients
What are 3 benefits of the ProAdvisor Discount Program?
Plus
Advanced
Which 2 QuickBooks subscription levels would support a client who needs to track how much inventory
is in stock at any given time?
Customers
Products and Services
Vendors
Chart of Accounts
Bank Data
Invoices
Which list types can be directly imported into QBO from Excel?
Use the conversion tool to convert her existing QuickBooks Desktop Data
, If a client has been using QuickBooks Desktop to manage their business and is planning to switch to
QBO. What is the easiest way to migrate her data to QBO?
Merge duplicate accounts
Make accounts inactive
A client complains that there are too many accounts to choose from in their chart of accounts. What are
2 ways you can clean up her chart of accounts to reduce the number of accounts shown?
Make sure the names are spelled the same
Before merging two sub-accounts, what do you need to check?
When the client sets up two accounts that are used for the same purpose
There are times when it is recommended to merge two accounts together through the client's Chart
accounts, what is the main reason for this?
Gear icon > Account and Settings > Advanced > Chart of Accounts > Enable account numbers
Where can you enable account numbers for the chart of accounts?
When you specify a sales price/rate when setting up Products and Services, you link them to the chart
of accounts
To add a new account, 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
You should make an account inactive from the chart of accounts if it is not relevant to your business
Which 4 statements regarding the chart of accounts are true?
Retained Earnings
Uncategorized Expense
Which 2 accounts cannot be merged or made inactive
7
What is the maximum number of characters allowed in the account number field?
Make sure the names are spelled the same
Before merging two sub-accounts, what do you need to check?
An opening balance was entered when creating a new Other Current Asset account
An opening balance was entered when an inventory item was created
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