QuickBooks Online - Bookkeeper

Please answer all Correctly.

1. which report will display total unpaid balances for each customer, grouped by days past due?

2. which report will show the revenue by customer?

3. which accounts can you reconcile?

4. when reconciling a bank account, where does one find the ending balance to enter on the reconciliation screen?

5. what is the best way to find transactions?

6. which external program is required to print checks in QuickBooks?

7. when searching for a check which fields can be used to search?

8. when paying a bill in the pay bills screen, which types of the following payment accounts are not available to select?

9. where does one go to find the most recent expense that was entered?

10. Which path does NOT allow you to create a customer invoice?

A.+New > Customers > Invoice

.B.Sales > Products and Services > Create Invoice

C.Sales > Customer > check the customer name > pulldown menu > Create Invoice

D.Dashboard > Add Invoice

11. Which of the following payment terms are not standard terms selectable from the 'Terms' pull-down menu?

A.Net 45

B.Net 10

C.Net 30

D.Due upon receipt

12. When emailing a customer invoice, which piece of information below is required to click Save and send?

A.Tags

B.Billing address

C.Customer email

D.Invoice number

13. When receiving a payment from a Customer, what are the three Payment method choices, by default?

A.Purchase order, credit card or check

B.Check, credit card or cash

C.Check, credit card or wire transfer

D.Visa, Mastercard, American Express

14. Which of the following two fields are optional and can be left blank in the Receive payment window?

A.Reference no. and Payment method

B.Payment method and Customer Name

C.Customer name and Deposit to

D.Deposit to and Invoice No.

15. When receiving a customer payment and there are no invoices to which the payment can be applied, what is the default action QuickBooks Online will suggest?

A.Return the payment to the customer.

B.Create an invoice and then apply payment.

C.Use a sales receipt instead of using the Receive Payment window.

D.Receive the payment, which will create a credit on the account.

16. Which is the path to creating a new vendor?

A.+ New > Vendor > New Vendor

B.Accounting > Vendor List > New Vendor

C.Expenses > Vendors > New Vendor

D.Dashboard > Shortcuts > Add Vendor

17. When setting up a new vendor, which field represents the default name to print on a check?

A.Company

B.Display name as

C.Title, First name, Middle Name, Last Name, Suffix

D.First name, Last name