What are 2 ways to check a client's subscription level in QuickBooks Online Accountant?

Q: Documents and files related to initiating credit sales would be customer master file and sales…

A: Credit sales are those where the remaining balance is to be paid at a later time. Put differently,…

Q: In a system like QuickBooks Online, when should you create an invoice? a. When a customer…

A: There are two ways recording sales Transaction in Quick books.   1. If customer Do not pay at time…

Q: The shorthand notation on an invoice 2/10, n/30 is called the _______________. Group of answer…

A: Credit terms is an agreement between the buyer and seller about the timings and payment to be made…

Q: How do companies account for gift cards?

A: Gift Cards Gift cards are one form of advance collection of revenues.

Q: Do you have to manually balance a journal entry or does Quickbooks do that for you?

A: QuickBooks: QuickBooks is one form of accounting software. It helps in record keeping, sales…

Q: Please answer with reason for all why the option is correct and why the other options are incorrect…

A: Quickbooks is an online accounting software which helps in accounting for and recording business…

Q: Accounting Information System   Prepare a payment flowchart for a bookstore business, who's…

A: ANSWER:- An Accounting Information System (AIS) is a system of collecting, storing, and processing…

Q: Explain open accounts and notes.

A: Open account: It is a sale transaction in which the goods are shipped and delivered before payment…

Q: Can someone help me with journal

A: Journals are used to record transactions in accounting books. In making journal entries, atleat two…

Q: Morgan had net sales of $1,041,105 and average accounts receivable of $157,000. Its competitor,…

A: Accounts Receivable Turnover is the ratio between net sales and average accounts receivable. It is…

Q: Billed customers for delivery services rendered what would be debited?

A: Billing to Customers - When company provide service to customer either in cash or on account both…

Q: What report would you run in Xero to view all of the sales invoices that have been issued by the…

A: Business -A business is any organization or enterprising body that is involved in business,…

Q: Custom fields can be created ____________________. Select all that apply. Select one or more: A. on…

A: Custom fields helps in tracking the information that is most important for the business and…

Q: The Write Checks window can be used to pay expenses such as rent, utilities, and insurance. Group of…

A: An expense or an outlay is the amount that is incurred by an entity to generate income and to manage…

Q: Define prepaid accounts? Give example?

A: Prepaid account: It is an account which records the prepayment transactions. From the buyer’s point…

Q: Sylvan Systems only uses Advo for marketing and advertising. How can Sylvan speed up its payment…

A: The need to speed up payment entries arises when a company has frequent transactions with a…

Q: Question 1 Which 3 of these are among the details in transactions imported by using the App…

A: The answer for the multiple choice question and relevant explanation are presented hereunder : Quick…

Q: Complete a service blueprint for each of the following post office transactions. Use the service…

A: The service blueprint is a road map for conducting the activities by following a particular…

Q: Demonstrate, using practical example how to prepare accounts from the Sales day book and Sales…

A: The sales day book is a manually-maintained ledger in which is recorded the key detailed information…

Q: Complete the following to record Internet services that Mookie The Beagle™ Concierge incurred.…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: credit

A: Credit card can be defined as a payment card where line of credit is provided to the customers. With…

Q: When entering customers and sales transactions, which two QuickBooks Online Lists will be used? A)…

A: The QuickBooks is an accounting software used by business entity to record its day to day business…

Q: 7) When recording a customer credit card payment on account using QuickBooks, select: A) Create…

A: The following options are clearly evaluated to identify the same method of recording a credit card…

Q: Which of the following types of transactions can be uploaded into QBO using the Receipt action.…

A: QBO : It stands for QuickBook Online, an online platform for recording the business transactions.…

Q: A Cheque Log can be printed for the cheques received from customers. Select an answer and submit.…

A: Answer:- false .

Q: After a receipt is uploaded into QBO, the user will need to ______ the data and ensure the receipt…

A: Quickbooks is very popular accounting software that is used for accounting and recording…

Q: in qyuickbooks Which steps should be followed to set up the different types of payments accepted…

A: Payments Accepted means- Any Payment which will be receivable from the customer on any credit sales…

Q: In QuickBooks Online, what are the different types of accounts that can be created in the chart of…

A: In QuickBooks Online, the chart of accounts is a list that shows every account related to your…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.