Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online
... [Show More] subscription for a client?
Features and solutions
Client profile
Needs assessment
Which 4 list types can be directly imported into QuickBooks Online from Excel?
Customers
Products and services
Vendors
Chart of accounts
Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets and purchase orders in her accounting solution.
What is the minimum QuickBooks Online version suitable for Brian's client?
QuickBooks Online Plus
What is one difference between ProAdvisor Discount and Direct Discount pricing, apart from who pays for the subscription?
Duration of discount
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. You notice that there is a large amount in the Opening Balance Equity account.
Which 2 reasons could be causing this balance?
A reconciliation adjustment was posted when completing a bank reconciliation
Transactions in the Banking Center were added without assigning an account to them
When using QuickBooks Online Accountant, Diane Doolittle opens a client's QuickBooks Online company from her Client dashboard.
Where can she see which apps are connected to the client's account without signing out of the account?
Overview > Company Setup
Which menu area allows you to search for apps by the problem or business process they address?
Browse category
Where are 2 places you can search for apps that work with QuickBooks Online?
Account and Settings > Apps
www.quickbooks-apps.com
How will QuickBooks notify you when subscribing to receive updates and resolutions on QuickBooks Online outages or slowdowns?
Email
Where can you enable account numbers for the chart of accounts?
Gear icon > Account and Settings > Advanced > Chart of Accounts > Enable account numbers
Which users will be able to see account numbers if they are enabled?
All users will see the account numbers.
Before merging two sub-accounts, what do you need to check?
Make sure the names are spelled the same.
What is the maximum number of characters allowed in the account number field?
7
Where would you navigate within QuickBooks Online to show product/service column on sales forms?
Gear icon > Account and Settings > Sales > Products and services
In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales transactions.
What must each product/service item be mapped to?
Chart of accounts
There are four item types to choose from in QuickBooks Online.
This includes services that are provided to customers, such as an emergency service call visit or other labor : Service
These are products that are bought and sold, and where it is necessary to track quantities on hand. You must subscribe to QuickBooks Online Plus or Advanced to use this feature
Inventory (in QuickBooks Online Plus and Advanced only)
These are products bought and sold where it isn't necessary to track quantities on hand, such as small parts used in the installation or delivery of a product
Non-inventory
This is a collection of products and services that are sold together, such as the installation of a product that includes both labor and materials
Bundle
Timothy would like to add another term to the current list of terms within QuickBooks Online.
Where would he go to add the additional term?
Gear > Account and settings > Sales Terms > New
Which 4 of these tabs appear in the Customer information screen?
Notes
Address
Customer type
Terms
What are 2 ways to add a new vendor to QuickBooks Online?
Expenses > Vendors > New vendor
Gear > Import data > Vendors
What does QuickBooks Online automatically create to record the balance owed when adding a vendor with a non-zero opening balance?
Bill
What connection method eliminates the need to provide a bank user name and password after the initial setup process?
OAuth
Where should they go to update their bank info in QuickBooks Online?
Banking Center > Banking tab > Select account tile > Pencil icon > Edit sign-in info
When first setting up Sales tax for a client, what information will be prepopulated?
Business address
Which 2 are correct regarding setting up a QuickBooks Payments account for a client?
Only the Primary admin of the QuickBooks Online company can connect QuickBooks Payments
The Primary admin of the QuickBooks Online company should connect QuickBooks Payments
Bill Pay powered by Melio allows you to fund payments to vendors using which 3 methods?
Credit card
Debit card
ACH bank transfer
Which 2 team user roles have permission to view and search for apps using the Apps tab in QuickBooks Online Accountant?
Primary Admin
Full Access
Which QuickBooks Time clock-in/clock-out option is specifically designed for businesses with on-site shift workers?
Time Clock Kiosk
What are 2 features QuickBooks Time Elite has that Premium does not?
Ability to analyze project estimates verses actuals
Ability to use geofencing
Thomas would like his customers to see the full invoice details from within the email itself and have a PDF attached.
Where would he navigate to make this change?
Gear > Account and settings > Sales > Online Delivery > How your invoice appears in emails
Which options would a client select in their Manage Users screen to give their worker access to create invoices, but not print checks in their QuickBooks Online company?
Standard user > Limited > Invoicing [Show Less]