Quickbooks payroll - Study guides, Class notes & Summaries

To determine which subscription level best fits your clients' needs, ask them if they... correct answersNeed same-day direct deposit, time- or project tracking, expert setup service for onboarding, 24/7 support, tax penalty protection, or an HR advisor. Your client Kalvin wants a payroll solution for his rapidly expanding construction business. He's looking for something that can adapt to more employees, calculate taxes for several states, and manage employee benefits such as health insuran...

ACCT 4251 - 200+ QuickBooks ProAdvisor Certification Exam Questions & Answers (UPDATED) Assured A+. Exam Duration: 2 to 3 hours Total Sections: 5 Total number of Questions: 75 Minimum Passing Score: 90% in each Section Certification Question (1):- When you send a QuickBooks report to Excel, which features allow you to choose what sections of the report to collapse? Answer: Auto outline. Question (2):- What is the purpose of an Audit Trailreport? Answer: Track any changes and deletions to transac...

QuickBooks Desktop Test 2 Training questions and answers with rated solutions You've completed the setup of a QuickBooks company file, but during the company setup, you spelled the company's name wrong. How do you fix it now? Select Company: My Company from the menu and click the pencil icon. To be as safe a possible, where should you NOT save a backup company file? Your computer's hard drive When you restore a backup company file, what happens? QuickBooks creates a new work...

Employees and Payroll (Ans- One of the key areas you'll need to discuss is whether the company is run solely by the owner or whether your client has employees (and therefore payroll requirements). Other expense tracking needs (Ans- Your new client may also have to track other expenses, such as mileage on a vehicle. They may also want to keep an eye on their income in order to estimate their future income tax bill. Ask your client what their current method for keeping track of their taxes ...

Complete Solutions Manual for Using QuickBooks® Online for Accounting 2024, 7th Edition by Glenn Owen, 9780357900291 . Full chapters included Chapter 1 to 10. 1. An Introduction to QuickBooks Online Using the Sample Company. 2. An Overview of QuickBooks Online Using a Case Assigned by Your Instructor. 3. Setting Up a New Company: Establishing a Chart of Accounts, Beginning Balances, Customers, Vendors and Products/Services. 4. Recording Operating Activities: Sales and Cash Receipts. 5. Rec...

SOLUTIONS MANUAL FOR Payroll Accounting 10th Edition by Landin, Bernard J. Bieg and Bridget Stomberg. Which Law? 1. K 2. H 3. B 4. F 5. I 6. J 7. A 8. D 9. G 10. C 11. E 12. L Which Payroll Law? 1. D 2. A 3. F 4. C 5. G 6. J 7. B 8. I 9. E 10. H What’s Ethical? 1. Answers will vary. Some concerns include data privacy and integrity in the software switchover, tax and employee pay integrity on the new software, and employee pay methods. SM 7-2 © McGraw Hill LLC. All ...

Why would you hide or collapse sub accounts on a report? (Ans- To temporarily hide unnecessary detail and hide parent accounts What should you do after you click and Save and Close on a Customer Memo? (Ans- Choose between retained as an available credit, give a refund or apply an invoice Which of the following CAN be memorized in QuickBooks? (Ans- Checks Which is not a Payroll Summary Report in QuickBooks? (Ans- Information necessary to complete your state unemployment tax form ...

QuickBooks Certified User Exam 56 Questions with Verified Answers What information is required before setting up a QuickBooks file? - CORRECT ANSWER 1. Company name 2. Industry 3. Company type 4. Company contact information 6. Tax ID How do you start a new company data file in QuickBooks (Express Start and Advanced Setup)? - CORRECT ANSWER File>New Company Three options: 1. Express Start 2. Advanced Setup 3. Other Options (convert from other files) How do you keep the lists a...

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - ANSWERSSo that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? - ANSWERS1) Sign up for a payroll services; and 2) complete the Payroll Setup Interview What are the 2 main Financial Statements you can run from the "Company and Financial" category of reports? - ANSWERSBalan...

Quickbooks certification Test UPDATED ACTUAL Questions and CORRECT Answers Which of the following CAN be memorized in Quick Books? - CORRECT ANSWER- Check Which is NOT shown on the Payroll Summary Report in Quick Books? - CORRECT ANSWER- Information necessary to complete your state unemployment tax form Which of the following is possible reason for a bank reconciliation discrepancy? - CORRECT ANSWER- the beginning balance calculated by QuickBooks does not match last month ending bal...