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QuickBooks Advanced Certification - Australia 1. Which icon can you select to create a quote or an invoice? ACreate Icon > Customers > Quote/Invoice BGear

QuickBooks Advanced Certification - Australia

1. Which icon can you select to create a quote or an invoice?

  • ACreate Icon > Customers > Quote/Invoice
  • BGear Icon > Customers > Quote/Invoice
  • CThe search icon, and then Customers
  • DThe Profile Icon, and then Customers

2. What happens when an invoice is created for a customer who has billable expenses outstanding (expenses are marked as billable)?

  • ANothing
  • BThey are automatically added to the invoice
  • CA drawer opens on the invoice suggesting you add the charge to the invoice

3. You can add attachments by going to the ___ menu under the gear icon.

  • ALists
  • BCustomers
  • CTools
  • DSettings

4. Attachments saved to the attachments page (Gear icon > Lists) can be added to transactions. Which statement does not apply?

  • AFrom the attachments list, select the file and under the Actions column select 'Create Invoice' or Create Expense'
  • BCreate a transaction entry and from the Attachments window, select 'show existing' and select the attachment from the drawer selection
  • CFrom the banking screen, open the transaction and click on 'Add Attachment'

5. Where do you go to in the sidebar to add a new expense?

  • AExpenses > New Transaction > Expenses
  • BAccounting > New Transaction > Expenses
  • CBanking > New Transaction > Expenses
  • DDashboard > New Transaction > Expenses

6. When your customer has a bill, you can enter it into QuickBooks Online by going to the _____ icon, and then selecting Bill under ______.

  • ACreate, Suppliers
  • BGear, Suppliers
  • CHelp, Suppliers
  • DSearch, Suppliers

7. Where would you go if you want to pay multiple supplier bills at one time?

  • AQuick Create > Pay Bills
  • BSuppliers > Gear icon > Pay Bills
  • CTransactions > Expenses > Pay Bills
  • DSuppliers > Select Bills > Batch Actions > Pay Bills
  • EYou cannot pay multiple bills at one time in QuickBooks Online

8. Recurring Transactions are useful to use as templates when set up as unscheduled. All Transaction Types can be set up under Recurring Transactions.

  • ATrue
  • BFalse

9. When you open the Customer or Supplier centres, how is the Money Bar a helpful tool?

  • AIt shows unpaid taxes
  • BIt shows unbilled, billed and paid invoices/bills
  • CIt shows stock balances
  • DIt shows the ageing periods on receivables/payables

10. Your client wants to track financial transactions for each of his stores. These transactions often need to be split among multiple stores. He wants to specify the store on each detail line rather than the entire transaction. What feature would he use in QuickBooks Online?

  • AClass Tracking
  • BProject Tracking
  • CIncome Tracking
  • DLocation Tracking

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