Which 2 statements are true about converting sub-customers to projects? Only the Accountant user can convert sub-customers
Question:
Which 2 statements are true about converting sub-customers to projects?
Only the Accountant user can convert sub-customers to projects
Sub-customers can be converted to projects from the Customer Center and Account and Settings
To be available to convert, a sub-customer can be up to four levels down from the parent customer
To be available to convert, a sub-customer must be set up to Bill with Parent
The sub-customer addresses, tax codes, and terms will revert to the parent customer settings for the converted project
Projects can be converted back to sub-customers
Stacy Smith has contacted you and wants to use QuickBooks Online. Currently, she manages three different properties and each property has its own separate bank account. She'd like to see the net income and total fixed assets by property.
What would you recommend?
Set up a QuickBooks Online Plus or Advanced subscription and turn on Location tracking
Set up a separate QuickBooks Online subscription for each property and consolidate at tax time
Set up a QuickBooks Online Plus or Advanced subscription and turn on Class tracking
Set up a QuickBooks subscription of any level and turn on Project tracking
A new client using QuickBooks Online Simple Start is unable to create a partial invoice against an estimate.
How can this be resolved?
They need to turn this feature on in Account and Settings
They need to set up a scheduled recurring estimate
They need to upgrade to QuickBooks Online Essentials or higher
They need to ask the primary admin for permission to access progress invoicing
Your client, Sadie’s Car Parts, has set the following Expense settings:
She has incurred the following billable charges for a particular customer. Because she uses markup, she does not enter a sales price when setting up items.
Vendor/Employee | Expense Cost | Item Cost | Delayed charge | Time | Billable rate per hour |
Ellis Equipment Rental | 500.00 | ||||
Hicks Hardware | 750.00 | ||||
John Johnson | 10 | 20 | |||
Sam Samson | 450.00 | 4 | 50 | ||
Tom Thompson | 1000.00 |
Assuming there's no sales tax, what is the total amount of the billable charges for this customer?
3315
3325
3100
3410
Expert Answer:
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