QuickBooks – Flashcards
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What are the three forms used in QuickBooks?
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Customer invoices, Vendors bill for goods, written check
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Describe two of the Help features available in QuickBooks?
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F1 and Learning Center Tutorials
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Describe how lists are used in QuickBooks?
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Names grouped together into different categories
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Describe how to print a report in QuickBooks?
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Reports, Customers & Receivables, Customer Balance Detail, Print
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Describe how forms are used in QuickBooks?
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Records of business activities
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List the four basic features of QuickBooks?
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Lists, forms, registers, reports
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Describe the function of the centers in QuickBooks?
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Provides easy access to managing customers, vendors, and employees and allows entering transactions for each
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List five ways you can customize a QuickBooks report?
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Change from and to dates, columns, name of report, alignment, identify the report as yours
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Describe the steps to resize the columns of a comparative balance sheet?
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Change the column text box from the total only to month
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List the steps you would take to create a balance sheet for a date other than the current system date?
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Change the "As Of" date and refresh
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Describe the steps to generate a balance sheet in QuickBooks?
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Report Center, Company & Financial, Standard tab, List view icon, Balance Sheet Standard
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Describe how QuickZoom gives you more information about a balance sheet?
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Shows you what transaction (s) underlie any amount found in a report
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List the preset ways in which QuickBooks can present a balance sheet.
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Standard, Detail, Summary, Previous Year Comparison, by class, Net Worth Graph
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List at least three of the preset formats that QuickBooks provides for an income statement?
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Profit & Loss Standard, Profit a& Loss Detail, Profit & Loss YTD Comparison
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Identify the different periods of time that QuickBooks provides for an income statement?
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Day, week, two week, month, quarterly, yearly.
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List five report modification features of QuickBooks that can be applied to an income statement?
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Percent of income, change the columns, font type, font style, size
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How does QuickZoom help you further investigate an income statement?
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To see exactly how those numbers are produced and where they came from
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List the report available for reporting cash flows?
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Statement of Cash Flow
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Describe the steps necessary to create a statement of cash flow?
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From reports center, click, company & financial and then statement of cash flow
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What additional steps are necessary to create a statement of cash flow for a period other than the one ending on the computers current system date?
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Change the from and two dates
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List the three sections of the statement of cash flow?
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Operating, investing and financial activities
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A QuickBooks register contains what?
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All financial activity for a specified balance sheet account
