After quickbooks sets up a chart of accounts in the easy step interview, which of the follow-
ing is True? - ANSWER It's possible to add more accounts later
#Assume that quickbooks is now in single user mode. What does this mean? - ANSWER
only one user can access the data file
The bank notified you that a customer's check you deposited has bounced. The customer did
not have sufficient funds to cover the check. What should you do? - ANSWER Record a
transaction to show the customer owes you the money and that the checking balance de-
creased by that same amount
#How can you ensure that invoice detail does not appear on a customer statement? - AN-
SWER Uncheck the show invoice item detail on statements box in the create statements
window
#How do you add or delete columns on a report? - ANSWER Click the customize report
button and on the display tab check or uncheck add or remove columns
#How do you change text in the header/footer of a report? - ANSWER Click the customize
report button and on the header/footer tab change the name
How do you change the report basis, accrual vs. cash for just one report? - ANSWER Click
the customize report button and on the display tab choose accrual or cash
How do you move list entries to a different location on the list? - ANSWER click on the di-
amond to the left of the name and then drag the name up or down the list
1
, #How do you use a different forms template when creating a new transaction? - ANSWER
Open the form, click the templates drop down list and select the appropriate form
#How would you track customer birth in quickbooks? - ANSWER add a custom field to
the customer list
**If you have a customized report that you use each month, which feature lets you run the -
ANSWER Memorize report
#Name the sections of the balance sheet - ANSWER assets, liabilities, equity
#How do you access the product information window? - ANSWER Press the F2 key
Suppose you always want all reports to show a specific size and color. How do you set stand-
ard preference in quickbooks so you don't have to customize each report? - ANSWER
Click the edit menu and select preferences then click the reports and graphs group to set
preferences
Suppose you want to restrict which users can access customer credit card numbers. How do
you do this? - ANSWER Give the user access to sales and accounts but don't check the
checking and credit card
#What is the primary reason for setting a closing date in Quickbooks? - ANSWER to re-
strict users from deleting, editing, or adding transactions to last year
#What is the purpose of backing up in quickbooks? - ANSWER to protect against data loss
from file corruption or a hard file crash
#What is the reason for not being able to delete a list entry? - ANSWER The entry has
been used in a transaction
2
ing is True? - ANSWER It's possible to add more accounts later
#Assume that quickbooks is now in single user mode. What does this mean? - ANSWER
only one user can access the data file
The bank notified you that a customer's check you deposited has bounced. The customer did
not have sufficient funds to cover the check. What should you do? - ANSWER Record a
transaction to show the customer owes you the money and that the checking balance de-
creased by that same amount
#How can you ensure that invoice detail does not appear on a customer statement? - AN-
SWER Uncheck the show invoice item detail on statements box in the create statements
window
#How do you add or delete columns on a report? - ANSWER Click the customize report
button and on the display tab check or uncheck add or remove columns
#How do you change text in the header/footer of a report? - ANSWER Click the customize
report button and on the header/footer tab change the name
How do you change the report basis, accrual vs. cash for just one report? - ANSWER Click
the customize report button and on the display tab choose accrual or cash
How do you move list entries to a different location on the list? - ANSWER click on the di-
amond to the left of the name and then drag the name up or down the list
1
, #How do you use a different forms template when creating a new transaction? - ANSWER
Open the form, click the templates drop down list and select the appropriate form
#How would you track customer birth in quickbooks? - ANSWER add a custom field to
the customer list
**If you have a customized report that you use each month, which feature lets you run the -
ANSWER Memorize report
#Name the sections of the balance sheet - ANSWER assets, liabilities, equity
#How do you access the product information window? - ANSWER Press the F2 key
Suppose you always want all reports to show a specific size and color. How do you set stand-
ard preference in quickbooks so you don't have to customize each report? - ANSWER
Click the edit menu and select preferences then click the reports and graphs group to set
preferences
Suppose you want to restrict which users can access customer credit card numbers. How do
you do this? - ANSWER Give the user access to sales and accounts but don't check the
checking and credit card
#What is the primary reason for setting a closing date in Quickbooks? - ANSWER to re-
strict users from deleting, editing, or adding transactions to last year
#What is the purpose of backing up in quickbooks? - ANSWER to protect against data loss
from file corruption or a hard file crash
#What is the reason for not being able to delete a list entry? - ANSWER The entry has
been used in a transaction
2
