Complete this sentence:
You can view all transactions that QuickBooks Online thinks it has found a single match for in the _______________________.
Complete this sentence: You can view all transactions that QuickBooks Online thinks it has found a...
Where can you go in the Banking Center to review downloaded bank feed transactions that have already been matched to existing transactions in QuickBooks Online? For Review tab Reviewed tab Recognized tab Excluded tab
A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill i forms Where would you go to find these lists? O Go to the Gear icon and select All Lists O Go to the Plus icon and choose All Lists O Go to the Accounting screen and select All Lists O Go to the Reports screen and select All Lists
One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked ___________________. This makes the end-of-period bank reconciliation more efficient. Fill in the missing words in this statement. record, delete, reconciled match, exclude, cleared match, add, cleared exclude, add, reconciled
QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions.How does it do this?It can identify transactions that were posted to the wrong accountIt can identify transactions where the posting date was manually entered and has a clearing date that differs from the bank dataIt will recognize if transactions have been excluded erroneously from bank feeds (Maybe this)It will automatically record bank fees and interest earned
QUICKBOOKS ONLINE PLUS: A Complete Course 2019 Final Exam 1 98. To edit the Sales Form Content, click Gear on the Top-Navigation bar, and then choose the _option under Your Company and click the tab. 99. A is prepared to record an automatic loan payment to the bank. 100. Cash and checks received from customers are entered into the _account until the bank deposit is made. Copyright ©2020 Pearson Education, Inc.
Which 2 statements regarding Bank Feed best practice workflows are correct? (Select all that apply) You should complete Match transactions first, then move on to Add transactions You should complete Add transactions first, then move on to Match transactions You should match downloaded Bank Feed transactions to Invoice Payments, Sales Receipts, or Deposits, but not open invoices You should match downloaded Bank Feed transactions to Invoice Payments, Sales Receipts, Deposits, or open invoices You should exclude the downloaded transaction from...
Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?(Select all that apply) The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app QuickBooks Online...
Select the best option below to complete the sentence: MB has been using proper workflow for her sales process by creating invoices, receiving payments, and recording deposits using the transaction screens in QuickBooks Online. Most likely she will be able to ___________ downloaded deposits to ____________ transactions in the Banking Center add, new add, existing match, existing match, new
Which 3 statements regarding Bank Rules are true? (Select all that apply) Bank rules can be prioritized Bank Rules are only included in QuickBooks Online Plus or Advanced subscriptions Bank rules can be copied, edited, or deleted You can automatically add transactions to the register using Bank Rules There is an additional fee to use Bank Rules in QuickBooks Online Only an Accountant user can set up Bank Rules in QuickBooks Online
Exams QUICKBOOKS ONLINE PLUS: A Complete com Final Exam 4 47. When an invoice is it is removed from the customer's register. A. Voided B. Deleted C. Edited D. Paid 48. When you write a check to pay for a Bill that was recorded as a Bill, you A. Write a Check in QuickBooks Online B. Handwrite a check C. Use Pay Bills D. Any of the above 49. If the adjusting entry to transfer Net Income and Retained Earnings...