QuickBooks Desktop; Questions with Complete Solutions 2024/25 Update
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Course
QuickBooks
Institution
QuickBooks
QuickBooks Desktop; Questions with
Complete Solutions 2024/25 Update
During the Advanced Setup, you can turn on and off which features in the
EastStep Interview?
(ALL OF THESE)
Sales Taxes
Inventory
Progress Invoicing
During the Advanced Setup, you can set up a password for which of the ...
QuickBooks Desktop; Questions with
Complete Solutions 2024/25 Update
During the Advanced Setup, you can turn on and off which features in the
EastStep Interview?
✔✔(ALL OF THESE)
Sales Taxes
Inventory
Progress Invoicing
During the Advanced Setup, you can set up a password for which of the
following users during
the EasyStep Interview?
a. Administrator
b. External Accountant
c. You cannot setup passwords during the EasyStep interview
d. All users ✔✔administrator
When setting up a new company file through advanced/ detailed setup, some
company info is
, QuickBooks Desktop; Questions with
Complete Solutions 2024/25 Update
optional and some required. Which of the following pieces of info does
quickbooks require you
to enter during the EasyStep interview?
A. Company name
B. Company password
C. Tax ID
D. All the above ✔✔A. Company name
How do you set up multiple businesses in quickbooks? ✔✔Go through the
advanced/ detailed
setup to go thru the EasyStep interview for each company to create a separate
company file.
During the Advanced Setup, how do you setup a new account that is not on the
default list of
accounts during the EasyStep Interview? ✔✔You can't add accounts that are not
on the
, QuickBooks Desktop; Questions with
Complete Solutions 2024/25 Update
QuickBooks default list. Finish the interview and add the accounts directly to the
chart of
accounts.
How do you restore a company file from a backup copy? ✔✔File -> Open or
Restore Company -
Restore a Backup Copy (or Portable File) -> Next -> Select the file to restore and
click Open -
Choose where to restore the file to and Save.
Which of the following is NOT a backup option in quickbooks?
A manual
B. Automatically when closing
C. Schedule and unattended backup
D all the above ✔✔ALL OF THE ABOVE ARE QuickBooks BACKUP OPTIONS.
Why would you restore a data file from the backup file? ✔✔• You wish to review
the company
, QuickBooks Desktop; Questions with
Complete Solutions 2024/25 Update
data as it stood at an earlier date.
• The company data file on your hard drive is damaged and cannot be used
• Your computer crashed. You reloaded QuickBooks, and now you are ready to
open the
company file.
How do you switch to Multi-User Mode? ✔✔Choose File > Switch to Multi-user
Mode from the
menu.
What happens if you press F2 in quickbooks? ✔✔Quickbooks opens the product
information
window which includes versions and company file information
When would you enter a journal entry? ✔✔To correct errors, For year-end
adjustments, and To
enter depreciation.
When entering a journal entry, what happens if the debits don't equal the
credits?
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