4. What are the five different subscription plans available on QuickBooks Online?
ANS Self-Employed, Simple Start, Essentials, Plus, and Advanced
5. What is considered the backbone of accounting software?
ANS The Chart of Accounts, including all assets, liabilities, income and expenses
6. In wholesale billing, who is billed monthly for the subscription of QBO?
ANS the Accountant
7. How much does the Accountant user pay for wholesale billing?
ANS 50% whole- sale discount
8. What is a perk of wholesale billing?
ANS The Accountant user decides how the clients will be billed.
9. What are three others advantages of wholesale billing?
ANS bundling expenses, easy tracking, and switch anytime
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