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Questions and answers verified to get an A+ in your exams

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Where can a Master Admin Accountant User view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant?  Select the client from the Client List to op... en the Client Detail Page > Bookkeeping > View Connected Apps  Left Navigation bar > Apps > Client Apps  In the Connected Apps column on the Client List dashboard  ? Gear icon > Apps > Client Apps If a Client doesn’t want to pay a monthly fee for QB Merchant account what are their options? Higher “per trans fee”; pymt tab of Accounts and Settings ? Or …” Higher per trans fee”.. Advanced Tab of Accts and Settings Where would you go in QuickBooks Online to see the range of default and extra lists that are available?  Sales Center, then Settings and All Lists  New button and All Lists  Gear icon and All Lists  Sales Center, then Settings and Add Lists Which 2 are the payroll options available inside QuickBooks Online companies? (Select all that apply)  QuickBooks Online Full Service Payroll  QuickBooks Online Do-it-Yourself Payroll  QuickBooks Online Self-Service Payroll  Intuit Online Payroll for Accounting Professionals  Intuit Online Self Service Payroll A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill in forms. Where would you go to find these lists?  ? Go to the Gear icon and select All Lists  Go to the Plus icon and choose All Lists  Go to the Accounting screen and select All Lists  Go to the Reports screen and select All Lists Where can you go in the Banking Center to review downloaded bank feed transactions that have already been matched to existing transactions in QuickBooks Online?  For Review tab ???  Reviewed tab(Already reviewed and accepted)  Recognized tab (already reviewed and matched)  Excluded tab QuickBooks Online allows the creation of Bank Rules, but when would you use them? Identify the 3 correct statements. (Select all that apply) Automatically split a transaction Automatically assign a transaction type Automatically assign a payee to the transaction Automatically delete a transaction ? Automatically record a monthly journal entry QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions. How does it do this?  ? It can identify transactions that were posted to the wrong account  It can identify transactions where the posting date was manually entered and has a clearing date that differs from the bank data  It will recognize if transactions have been excluded erroneously from bank feeds  It will automatically record bank fees and interest earned When uploading a receipt to QuickBooks Online from a folder on your computer, which two actions can you use?  X Drag and drop from the folder into the drop box on the Receipts tab  X Select the browse to upload link in the Receipts tab  Take a photo of it on your phone and email the file  Take a photo of it on your phone and send the file via the app That's right! The Reconciliation report shows the activity related to a particular reconciliation. Clients can select expenses or deposits from this report to view the transaction. A reconciliation report can be viewed by selecting ________ on the Reconcile screen. What do you select on the reconciliation screen to run the Reconciliation report?  Edit  Run report  History by account  View Reconciliation That's right! Which of the following statements are true regarding working with sales tax in QuickBooks Online?  The sales tax rate is calculated based on the state where a client is registered to collect sales tax  The sales tax rate is based on the physical address of the client’s business  The time of year influences the sales tax rate   The customer’s physical address influences the sales tax rate  The customer’s sales tax status influences the sales tax rate  Clients need to calculate the sales tax themselves if their client is not in the same state When it comes to using apps with a QuickBooks Online Accountant firm’s books, which two levels of account user can add apps?  Full access team user  Master Admin How many native payroll offerings are available in QuickBooks Online?  Two When using the Copy to Purchase Order feature from within an Estimate, Use Purchase orders must be turned on in which area?  ? Account and Settings > Products and Services  Expenses > Purchase orders  Account and Settings > Expenses > Purchase orders  Vendors > Purchase order [Show More]

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