Quickbooks Certification Questions and Answers

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Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? ANSWER: So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in... the Payroll CenterWhat are the first two steps to set up payroll in Quickbooks?ANSWER: 1) Sign up for a payroll services; and 2) complete the Payroll Setup InterviewWhat are the 2 main Financial Statements you can run from the "Company and Financial" category of reports?ANSWER: Balance Sheet. Profit and LossWhat are the main sections of the Profit & Loss?ANSWER: Income, Cost of Goods Sold, and Expenses [Show More]

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