Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Taking care of year-end payroll and contractor reports is a key task when preparing for year-end. Which of the 2 forms below would need to

Taking care of year-end payroll and contractor reports is a key task when preparing for year-end.

Which of the 2 forms below would need to be sent?

(Select all that apply)

  • W-2s are submitted for employees
  • 1099s for subcontractors
  • 1029 for new hires
  • W-3s for customers

What are 3 Accountant tools in QuickBooks Online?

(Select all that apply)

  • Reclassify Transactions
  • Accountant reports
  • Recurring Transactions
  • Closing Date
  • Report tools
  • Audit log

Which Accountants Only Tool allows for categorizing a couple of transactions or a large batch of transactions in only a few clicks?

  • Recurring Transactions
  • Write Off Invoices
  • Reclassify Transactions
  • Prep for taxes

In the Reclassify transaction screen, which 2 elements of a transaction can be reclassified?

(Select all that apply)

  • Locations
  • Accounts
  • Customers
  • Dates
  • Classes

When should an Accountant user use the Write Off tool?

  • When a client has overpaid
  • When a client has outstanding invoices that will not be paid
  • When you wish to remove a duplicate transaction
  • When a user wants to categorize several transactions quickly

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mergers, Acquisitions, And Corporate Restructurings

Authors: Patrick A Gaughan

6th Edition

1118997549, 9781118997543

More Books

Students also viewed these Accounting questions