What happens if you press the "ctrl," "alt," and "?" keys at the same time? - Quickbooks displays a list of
shortcut keys.
You're setting up a new Quickbooks account for a business that just hired you. The company has a list of
accounts with opening balances. Where do you enter these balances when setting up the Quickbooks
account? - You can enter opening balances using a Journal entry or directly entering them into account
registers. However, this is not recommended for non-accountants. You can enter open invoices to
record the balance owed to you (Accounts Receivable) and open bills to record what you owe (Accounts
Payable).
You're working in QuickBooks at a coffee shop for a few hours and don't want to share all of your
company's financial details with everyone there. How can you fix this? - Click the Private mode switch on
the home page to prevent sensitive financial information from being displayed in this window.
You just set up a new Quickbooks company and your employer needs you to create a chart of accounts.
Which is true? - Accounts are automatically created based upon your industry type, however you CAN
add more accounts later
Your employer asks you to update your business contact info. How do you access the company settings
to do this? - Click the global create menu (+) at the top of the screen and select account and settings.
What does private mode on the home page do? - It hides the values displayed for profit and loss, bank
accounts, and other sensitive financial information.
Which Quickbooks Online groups have access levels that can be applied to regular customer users? - All,
none, or limited
Which of the following is true regarding Quickbooks online?
-Once you access QuickBooks from a browser, you must use that browser every time.
-You must use Internet Explorer.
-QuickBooks cannot be accessed on a Mac operating system.
, -You can access QuickBooks from almost any browser on any computer with an Internet connection. -
You can access QuickBooks from almost any browser on any computer with an Internet connection.
You're setting up Quickbooks online for a company that already has information in Excel. What can you
import into quickbooks from excel? - Certain lists (customers, vendors, products and services, and the
chart of accounts).
You'd like to change the company address in company settings. Whats the first step to open company
settings? - Click the gear icon on the home page.
True or False: Because Quickbooks Online is in the cloud, you don't need to manually back it up. - True
You'd like to work in Quickbooks more efficiently. How can you see the list of shortcuts available to you?
- press ctrl, alt, and ? keys at the same time.
When setting up a new Quickbooks account, which of the following is true about the chart of accounts?
-QuickBooks does not create a chart of accounts for you. This must be done manually.
-Only income and expense accounts can be added after starting a new company.
-New accounts can only be added during the new company startup process.
-It is possible to add more accounts after starting a new company. - It is possible to add more accounts
after starting a new company.
Which lists can you import from Excel into QuickBooks online? - Chart of Accounts, Customers, Products
and Services, and Vendors/Suppliers.
What are 3 areas where you can find and do everything you need? - 1. + icon, to create new transactions
2. gear icon, for settings, lists and activities you don't do often
3. the navigation bar on the left, to work in specific functional areas, such as customers or reports
You need to create a recurring invoice. How do you do this in Quickbooks Online? - Open the transaction
for and make in recurring.
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