Question: 3 6 . Where is the When field located on QuickBooks transaction forms? 1 point Header portion Footer portion Middle portion Left - hand side
Where is the When field located on QuickBooks transaction forms?
point
Header portion
Footer portion
Middle portion
Lefthand side
Clear selection
What does the What field include on a QuickBooks invoice?
point
Customer reviews
Products and services being sold
Employee details
Supplier information
What is displayed in the footer of transactions in QuickBooks?
point
Supplier information
Various options like Cancel, Clear, Print, and Save
Customer reviews
Employee schedules
What does the Cancel button do in QuickBooks transactions?
point
Deletes the transaction
Clears the transaction and returns to the previous window
Saves the transaction
Prints the transaction
What is a critical component of every small business according to the lesson objectives?
point
Finding new employees
Finding new customers
Reducing expenses
Increasing inventory
What do you need to understand to work with customers in QuickBooks?
point
Payroll processing
Customer and sales workflows
Inventory management
Tax calculations
Which of the following is a step in setting up a new customer?
point
Click Reports
Click Banking
Click Sales, then Customers, then New Customer
Click Gear icon, then Products and Services
What should you do if the customer's shipping address is the same as the billing address?
point
Leave it blank
Select 'Same as billing address'
Enter it manually
Contact the customer
Where can you add notes for a customer?
point
On the invoice
In the customer's profile under Notes and Attachments
On the payment receipt
In the Gear menu
What is a noninventory part in QuickBooks?
point
Items you purchase but do not resell
Items you track as inventory
Items you use for payroll
Items used for tax calculations
What are bundles in QuickBooks?
point
Groups of customers
Groups of products andor services sold together
Groups of invoices
Groups of reports
Which field is optional when setting up a service?
point
Name
SKU
Sales pricerate
Income account
What should you choose when setting up a service to track revenue?
point
Expense account
Income account
Tax rate
Purchase information
What does entering a description for a service do
point
Adds details to sales forms
Calculates tax rates
Sets up purchase orders
Updates inventory levels
How do you set up a noninventory item in QuickBooks?
point
Click Reports, then Noninventory Items
Click Gear icon, then Products and Services, then New, then Noninventory
Click Sales, then New, then Noninventory
Click Banking, then New, then Noninventory
What does categorizing products and services help you understand?
point
Payroll details
Tax liabilities
Sales volume and buying patterns
Inventory levels
Which workflow should you use if customers pay later for a product or service?
point
Sales Receipt workflow
Invoice workflow
Payroll workflow
Tax workflow
What is the first step in the invoice workflow?
point
Receive Payment
Bank Deposit
Enter Customer Invoice
Print Invoice
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