Accounts Receivables
Accounts Payables
Inventory
Sales Tax
Payroll Settings & Employees
100

Name the window where you add, edit, and delete your vendor data.

What is Maintain Customers/Prospects?

100

Name the window where you add, edit, and delete your vendor data.

What is Maintain Vendors?

100

What window allows you to specify the default values that you wish to apply to new inventory items when they are created?

What is  Inventory Items Defaults?

100

You must add the collecting agency as a_________ before setting up sales tax.

What is Vendor?

100

Someone at/over the age of 18 and under the age of retirement, gainfully occupied in employment and not earning less than the minimum wage, is referred to as a(n) ___________.

What is an Employee?

200

When you create new customers, the information and terms that appear for the customers are derived from the values that have been entered into which of the following windows?


What is Customer Defaults?

200

Name the window that contains the following set of tabs within it: “Payment Terms,” “Account Aging,” “Custom Fields,” “1099 Settings.”

What is Vendor Defaults?

200

Which item classes within the “Maintain Inventory Items” window is used to track items for which you wish to record the quantity, average cost, and stock reorder point?

What is Stock?

200

Sales tax collected from your customers is reflected under which account type in the Chart of Accounts?

What are Other Current Liabilities?

200

Which statutory deduction is paid by the employer only?

What is HEART – now the HEART Trust/ National Training and Service Agency (NTSA)?

300

A person’s receipts and gains from all sources, before any deductions is termed _________  ___________.    

What is Gross Salary?

400

What is the payroll period code for a fortnightly payroll?

What is 26?

500

Name the steps to open the payroll settings wizard.

What is Maintain. Default Information. Payroll Settings.?

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