Which 3 of these items in QuickBooks Desktop do NOT convert to QuickBooks Online using the conversion tool?
 

   Profit and Loss budgets

 Balance sheet budgets

   Audit trail

   Closing dates

Closing date password

 

2.) Which 3 of these maintenance activities can help you repair a QuickBooks Desktop data file?
 

   Using QuickBooks File Doctor

   Copying the file to a network drive and verifying the data from there

   Trying to correct the file yourself based on the verification report

   Exporting the file to another QuickBooks Desktop company

Using the Rebuild Data tool

 

3.) Which 2 of the following actions could you take to redo a conversion via QuickBooks Online Accountant?
 

   Set up a new QuickBooks Online Advanced company subscription for the client and move the data there

   Carry out the conversion again and, when prompted, reselect the QuickBooks Online company to overwrite the data

   Purge the existing data from the QuickBooks Online company, then carry out the conversion again

Make the QuickBooks Online company inactive, then carry out the conversion again

 

4.) If you find a discrepancy when you're comparing reports in QuickBooks Desktop and QuickBooks Online, which of these information sources would help provide some insight?
 

   The verification report that was generated when you carried out a verify and rebuild on the QuickBooks Desktop file.

   The conversion report that was emailed to you as an accountant user when the conversion to QuickBooks Online completed.

The last reconciliation report for the relevant account(s) that was generated in QuickBooks Desktop.

 

5.) Which of these actions should you take to make a custom report in QuickBooks Online?
 

   Go to the Gear icon and select Custom reports, then select Add report

   Select + New from the left-hand navigation, then select Custom report

   In the Reports Center, select + New and set up the customized report as required

Run a report that will form the basis of the one you want to create. Then customize it as required

 

6.) All sales transactions converted to QuickBooks Online from QuickBooks Desktop use a custom sales tax rate.
How can you set up QuickBooks Online to calculate sales tax based on location for future sales transactions?
 

   In the Products and Services list, delete any sales tax item that was converted from QuickBooks Desktop

   In the Customers List, select any relevant customers, then select Edit > Tax info and set the sales tax rate to be calculated based on location

   In the Sales Tax center, select Sales tax settings and then edit any custom rates as required

Use zero dollar sales receipts to adjust sales tax on all future sales transactions

 

7.) Which 3 of these payroll items in QuickBooks Desktop don't convert automatically to QuickBooks Online?
 

   Local tax settings

   Company payroll information

   Individual paycheck detail

   Tax liability payments

   Paychecks

Tax payment history

 

8.) As well as the usual configuration tasks, which 2 actions should you do before you export the Item Listing report from QuickBooks Desktop and set up the spreadsheet to import into QuickBooks Online?
 

   In the spreadsheet, delete the first word "Cabinet" from the sub-items Cabinets:Cabinet Pulls and Cabinets:Light Pine

   In QuickBooks Desktop, make an inventory quantity adjustment to reduce the quantity on hand for both sub-items to zero and increase the quantity on hand for the parent item by 429 (423 + 6)

   In QuickBooks Desktop, make an inventory quantity adjustment to reduce the quantity on hand for the parent item to zero and increase the quantity on hand for the appropriate sub-item by 3

   In the spreadsheet, delete the row for the parent item Cabinets

In the spreadsheet, delete the rows for the sub-items Cabinets:Cabinet Pulls and Cabinets:Light Pine

 

9.) A new client tells you that they have detailed spreadsheets listing all their customers and vendors—and their company's chart of accounts. Each list is on a separate spreadsheet.
How can you import the lists into the client's QuickBooks Online company?
 

   You can import the Customer and Vendor lists at the same time, but you can't import a chart of accounts into QuickBooks Online

   You must import the three lists separately, one at a time

   You can import the Customer and Vendor lists at the same time, but you need to import the chart of accounts separately

You can import all three lists at the same time

 

10.) When you set up a new QuickBooks Online company, you need to choose the start date for the company. This will be the date you can start entering transactions.
When should you enter beginning balances in the new QuickBooks Online company?
 

   On the same day as the start date

   On the first day of the financial year before the start date

   Before the start date

After the start date