Quickbooks Section 1 - Attempt 4/11/2021

Where can you find the QuickStart template in QuickBooks Online Accountant to begin the client onboarding process?

work

In QuickBooks Online, where do you go to see all a company's categories organized into account types?

Chart of Accounts

Below is a series of steps for accepting an invitation from the client to become their accountant user: Open the email account you use for your Intuit ID You will see an invite from the client company Select the Accept button to accept the invitation ________________________ and you'll see a Success! box Select Continue What is the missing step?

Enter your QuickBooks Online Accountant sign-in information

Where do you enable account numbers for the QuickBooks Online Chart of Accounts?

Gear > Account and Settings > Advanced > Chart of Accounts > Enable Account Numbers

If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online?

Non-inventory

Which 3 reasons could be causing this balance?

Opening balance for an inventory item was entered during the setup process The client entered an Opening Balance when creating an Other Current Asset account Opening balances were included when importing customers using the Import data tool

Which version(s) of QuickBooks Online would allow her to accomplish this?

QuickBooks Online Advanced

What is the minimum QuickBooks Online version suitable for Liz's client?

QuickBooks Online Plus

Which subscription options, if any, include bank feeds, access from any device at any time, and integration with a wide range of apps?

QuickBooks Online Simple Start, Essentials, Plus, and Advanced

What are the 3 primary ways to migrate client data to QuickBooks Online?

Use the Import Data tool Convert data from existing QuickBooks Desktop file Enter data manually into the QuickBooks Online forms and check registers

When would you recommend merging accounts to a client?

When a client has added more than one of the exact same accounts unnecessarily If two accounts are being used for the same thing

Which 4 areas should she focus on to gather information for her client?

Who is the client What services does the client need How will the client work be completed When does the client need their work completed

Which billing option would you choose if you wanted Intuit to bill your client?

Wholesale discount

Which 2 statements are true regarding Intuit-approved QuickBooks Online apps?

You or your client can add apps to the client's account They must be available via the Apps screen in QuickBooks Online Accountant or apps.com