LinkedIn QuickBooks

  Linkedin QuickBooks assessment answers

Where does QuickBooks get the billable time and costs information when you invoice for time and costs?

• from the billable costs uploaded from an Excel workbook
• from the billable time entered on timesheets and/or billable costs entered through checks and bills
• from the billable time entered on timesheets
• from you manually entering the line items on the invoice

Linkedin Quickbooks test answers

What does the Accounts Payable account track?

• all outstanding current liabilities
• all outstanding long-term liabilities
• money you owe to vendors
• money customers need to pay you

QuickBooks Linkedin learning

What is an effective way to restrict users from being able to change, delete, or add a transaction after reports have been run?

• Start a new company file after each fiscal year end.
• Change the fiscal year in the Company Information window.
• Set a closing date.
• Select "restrict entry after this date" for each user.

QuickBooks Linkedin Quiz

Why would you hide or collapse subaccounts on a report?

• Doing so temporarily hides details while viewing only the parent accounts.
• Subaccounts cannot be hidden, as they will be lost once the report is collapsed.
• If you want to email the report, then subaccounts need to be collapsed.
• Reports can be sent to Excel only in the collapsed format.

QuickBooks Linkedin Quiz answers

How do you add a new account to the Chart of Accounts from the Chart of Accounts window?

• Click New > Account.
• Click Add > Account.
• Click Add > New Account.
• Click Account > New.

Linkedin Quickbooks answers

Linkedin Quickbooks Quiz

QuickBooks certified Linkedin