QuickBooks Advanced Certification

1. Which steps would you follow to create a Profit & Loss report that compares current month to previous month?

• ACustomise > Display active rows
• BCustomise > Add Subcolumns for Comparison > Previous Month
• CCustomise > Rows/Columns > > Previous Period PP
• DCustomise > Transaction Dates - use last month range > Columns - Total Only
• ENo customisation is necessary. Simply view the Profit & Loss Prior Month Comparison report

2. To favourite or unfavourite reports, select the:

• AStar icon
• BYou cannot do this on QuickBooks
• CFavorite icon
• DThumbs up icon

3. Which of the following reports are only available in the QuickBooks Online Accountant portal?

• ATrial Balance
• BAdjusted Trial Balance
• CProfit & Loss
• DBalance Sheet

4. Report customisation enables you to:

• AChange information displayed in the Columns
• BFilter by customer, supplier, location, class etc,
• CChange information displayed in the Header and Footer
• DAll of the above

5. If you create a custom report that you find useful, you can add the report to a ___ to make it easier to access in the future

• AGroup
• BCollection
• CAssortment
• DUnit

6. To view saved custom reports, go to the:

• AReports > Custom Reports
• BReports > Saved Reports
• CReport > Report Groups
• DAll of the above

7. If you want to automatically send reports to team members or clients, you can use the:

• AScheduled email tool in Custom Reports
• BThe action column for the report, and select edit, and toggle Set Email Schedule to on
• CSave to groups
• DBalance sheet then customise

8. Report groups:

• AHelps to keep the list of reports easy to find
• BEnables you to send scheduled emails for reports
• CEnables groups of reports to be run automatically
• DAll of the above

9. Report customisation:

• AProvides you, your team, and your clients, with enhanced insight
• BProvides a better understanding of client financial data
• CAllows you to add additional reporting fields and criteria
• DAll of the above

10. Custom report automation allows you to:

• ASelect different parameters and details for the report
• BSelect the time period for the report
• CSelect the frequency for the automated report
• DAll of the above