1
True of False :
Beginning balance of the current month is ALWAYS the ending balance of the previous month
True
True or False
Banking error 105 is bank credentials issue
False
True or False :
We can delete customers/vendors/employee
False. We can only make them INACTIVE
All formats are accepted by QuickBooks when uploading transactions manually except:
*CSV
*QBO
*TXT
*QBB
QBB
What is the shortcut key of "receiving payment"
CTRL+ALT+R
This bank reconciliation term determines the list of bank transactions we need to compare in QuickBooks' records.
Bank Statement
The following are possible user status that we can see in QB Admin Tool except for.
*Deleted
*Pending
*Active
*Cancelled
Cancelled
Provide atleast 3 features and benefits of ADVANCED subscription that you can use to trigger an upgrade
*Batch invoicing
*25 users
*Back up and restore
This smart automation feature allows QuickBooks to automatically categorize bank transactions based on condition/s.
Bank rules
These are the several products or services/inventory part that business owner sells together as a single item.
Bundle
Below are the tabs in Bank Feeds after connecting a bank account or uploading bank transactions, except:
*Posted
*Excluded
*Modified
*Pending
Modified
Provide the two options the customer can connect their bank account to import bank transactions
*Manual upload
*Automatic connection
Provide the requirements before you can PURGE an account
*Should not be simple start
*Books should be less than 90 days
*You have the admin access