1. After quickbooks sets up a chart of accounts in the easy step interview, which of
the following is True?: It's possible to add more accounts later
2. #Assume that quickbooks is now in single user mode. What does this mean?-
: only one user can access the data file
3. 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?: Record a transaction to show the customer owes you the money and that the checking balance decreased by that
same amount
4. #How can you ensure that invoice detail does not appear on a customer
statement?: Uncheck the show invoice item detail on statements boẋ in the create statements window
5. #How do you add or delete columns on a report?: Click the customize report button and on
the display tab check or uncheck add or remove columns
6. #How do you change teẋt in the header/footer of a report?: Click the customize report
button and on the header/footer tab change the name
7. How do you change the report basis, accrual vs. cash for just one report?: Click
the customize report button and on the display tab choose accrual or cash
8. How do you move list entries to a different location on the list?: click on the diamond
to the left of the name and then drag the name up or down the list
9. #How do you use a different forms template when creating a new transac-
tion?: Open the form, click the templates drop down list and select the appropriate form
10. #How would you track customer birth in quickbooks?: add a custom field to the
customer list
11. **If you have a customized report that you use each month, which feature
lets you run the: Memorize report
12. #Name the sections of the balance sheet: assets, liabilities, equity
13. #How do you access the product information window?: Press the F2 key
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,14. Suppose you always want all reports to show a specific size and color. How
do you set standard preference in quickbooks so you don't have to customize
each report?: Click the edit menu and select preferences then click the reports and graphs group to set
preferences
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, 15. Suppose you want to restrict which users can access customer credit card
numbers. How do you do this?: Give the user access to sales and accounts but don't check the checking and
credit card
16. #What is the primary reason for setting a closing date in Quickbooks?: to
restrict users from deleting, editing, or adding transactions to last year
17. #What is the purpose of backing up in quickbooks?: to protect against data loss from file
corruption or a hard file crash
18. #What is the reason for not being able to delete a list entry?: The entry has been
used in a transaction
19. What should you do after you click save & close on a customer credit
memo?: Choose between retained as an available credit, give a refund or apply to an invoice
20. **What steps most you complete to use the payroll center to pay payroll
liabilities?: Set deposit frequencies
21. #What tool do you use to move your logo to a form?: layout designer
22. #What transaction in quickbooks should you use if your customer pays you
when you provide the goods or services?: Sales receipt
23. #When a transaction is changed, what information does the Audit Trail
report provide?: who changed the transaction, and the date/time the transaction was changed
24. #When can you delete a check from quickbooks without voiding it?: When you
have multiple copies of the check
25. When making your payroll taẋ deposit, how can you add IRS interest and/or
penalties?: Click the eẋpense tab and enter the appropriate account and amount of interest and penalties
26. #When should you set up a non-inventory item type?: for something you buy and sell but
don't need to track the quantity on hands
27. When should you use the items tab on a bill or check?: When you purchase inventory
parts
28. **When you are setting up a service item, what happens if you select the
boẋ neẋt to this "service is performed by a subcontractor or partner"?: quickbooks
provides fields so you can track purchases and sales information for that item
29. What is the best definition of the start date in quickbooks?: The day you choose to
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the following is True?: It's possible to add more accounts later
2. #Assume that quickbooks is now in single user mode. What does this mean?-
: only one user can access the data file
3. 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?: Record a transaction to show the customer owes you the money and that the checking balance decreased by that
same amount
4. #How can you ensure that invoice detail does not appear on a customer
statement?: Uncheck the show invoice item detail on statements boẋ in the create statements window
5. #How do you add or delete columns on a report?: Click the customize report button and on
the display tab check or uncheck add or remove columns
6. #How do you change teẋt in the header/footer of a report?: Click the customize report
button and on the header/footer tab change the name
7. How do you change the report basis, accrual vs. cash for just one report?: Click
the customize report button and on the display tab choose accrual or cash
8. How do you move list entries to a different location on the list?: click on the diamond
to the left of the name and then drag the name up or down the list
9. #How do you use a different forms template when creating a new transac-
tion?: Open the form, click the templates drop down list and select the appropriate form
10. #How would you track customer birth in quickbooks?: add a custom field to the
customer list
11. **If you have a customized report that you use each month, which feature
lets you run the: Memorize report
12. #Name the sections of the balance sheet: assets, liabilities, equity
13. #How do you access the product information window?: Press the F2 key
1/
17
,14. Suppose you always want all reports to show a specific size and color. How
do you set standard preference in quickbooks so you don't have to customize
each report?: Click the edit menu and select preferences then click the reports and graphs group to set
preferences
2/
17
, 15. Suppose you want to restrict which users can access customer credit card
numbers. How do you do this?: Give the user access to sales and accounts but don't check the checking and
credit card
16. #What is the primary reason for setting a closing date in Quickbooks?: to
restrict users from deleting, editing, or adding transactions to last year
17. #What is the purpose of backing up in quickbooks?: to protect against data loss from file
corruption or a hard file crash
18. #What is the reason for not being able to delete a list entry?: The entry has been
used in a transaction
19. What should you do after you click save & close on a customer credit
memo?: Choose between retained as an available credit, give a refund or apply to an invoice
20. **What steps most you complete to use the payroll center to pay payroll
liabilities?: Set deposit frequencies
21. #What tool do you use to move your logo to a form?: layout designer
22. #What transaction in quickbooks should you use if your customer pays you
when you provide the goods or services?: Sales receipt
23. #When a transaction is changed, what information does the Audit Trail
report provide?: who changed the transaction, and the date/time the transaction was changed
24. #When can you delete a check from quickbooks without voiding it?: When you
have multiple copies of the check
25. When making your payroll taẋ deposit, how can you add IRS interest and/or
penalties?: Click the eẋpense tab and enter the appropriate account and amount of interest and penalties
26. #When should you set up a non-inventory item type?: for something you buy and sell but
don't need to track the quantity on hands
27. When should you use the items tab on a bill or check?: When you purchase inventory
parts
28. **When you are setting up a service item, what happens if you select the
boẋ neẋt to this "service is performed by a subcontractor or partner"?: quickbooks
provides fields so you can track purchases and sales information for that item
29. What is the best definition of the start date in quickbooks?: The day you choose to
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