Which of the following options are true regarding editing a Chart of Accounts select all that apply

Recommended textbook solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Century 21 Accounting: General Journal

11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,012 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Essentials of Investments

9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie

689 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Intermediate Accounting

14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

1,471 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Financial Accounting: An Introduction to Concepts, Methods and Uses

14th EditionClyde P Stickney, Jennifer Francis, Katherine Schipper, Roman L Weil

1,588 solutions

Recommended textbook solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Statistical Techniques in Business and Economics

15th EditionDouglas A. Lind, Samuel A. Wathen, William G. Marchal

1,236 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Introductory Business Statistics

1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean

2,174 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Principles of Economics

8th EditionN. Gregory Mankiw

1,335 solutions

Which of the following options are true regarding editing a Chart of Accounts select all that apply

Fundamentals of Engineering Economic Analysis

1st EditionDavid Besanko, Mark Shanley, Scott Schaefer

215 solutions

Which of the options are true of setting up and editing a Chart ofAccounts?Merged accounts can’t be unmergedNumbers in a QuickBooks Online Chart of Accounts can’t bechangedMerged accounts can be unmergedDeactivated accounts can be reactivatedImporting a Product and Service file:1.Go to theSales Centerand select theProducts and Servicestab2.SelectImport a file3.SelectProducts and Services4.SelectBrowseand find the Excel or CSV file and selectNext5.______________________6.SelectImportHere are some steps for one of the ways of importing a Productsand Services list into QuickBooks Online. What would you do at Step5?Delete any pricing information for each itemEnsure the fields you want to import are mapped correctlySelect + New Import dataPut any relevant items into bundlesYour client has asked you to show them how to add a new customerto an existing Customer list. Select one way you can do this inQuickBooks Online.

Go to Sales Center, Customer tab and select New CustomerGo to Expense Center, Customer tab and select New CustomerGo to the Gear icon and select New CustomerGo to the + New menu and select New CustomerWhen would you recommend merging accounts to a client?If two accounts are being used for the same thingWhen the client asks if they can put everything in one accountWhen a client has added more than one of the exact same accountsunnecessarilyIf there are too many accounts active in the Chart of Accounts23rd April 2020Sales TaxBasic sales tax setupTopicsGetting started with Sales Tax in QuickBooks Online[Set up a basic sales tax in QuickBooks OnlineProducts an ServicesApplying sales taxThe Tax Center

The story so farBy understanding the needs of each business, you can tailor your client’sQuickBooks Online setup to meet their individual needs and those of theirbusiness type.Plus, you can wow them with what QuickBooks Online can really do when it’sset up by someone who knows what they need!In this module, we’ll look at some additional onboarding tasks. Not all clientswill need them, but get to know your client from the start and you’ll knowwhich clients will benefit, and have the knowledge to set them up with thatkiller feature.In this module, we’ll be working with Chris Grier, our ambitious electrician,plus we’ll be checking in with Cindy, of Cindy’s Bee-uty Bar, to get theirQuickBooks Online files set up just right.We’ll start by looking at their sales tax setup in this lesson before tacklingthings like payments, apps and even customizing sales forms.But let’s begin with sales tax.With more than 40,000 different tax laws across the US, it’s always beentough for clients to keep track of how much sales tax to collect every timethey make a sale.This problem is solved with the sales tax engine that sits within QuickBooksOnline: It makes tax calculations easy.When onboarding clients like Chris, who sells products and services, you’lllikely need to set up their sales tax information for the cities and stateswhere they do business.

Which of the following options are true regarding editing a Chart of Accounts in QuickBooks?

Answer. Answer: To do this from the Chart of Accounts screen, find the account you want to edit and click the drop-down menu next to the words Account History, then choose Edit to make your changes.

Which 3 ways can you customize a client's Chart of Accounts?

Answer. Answer: Changing the names of default account Numbering each account Merging Accounts Deleting an account permanently.

Can you modify Chart of Accounts?

The Chart of Accounts can be modified by editing existing accounts or adding new ones. Also it is possible to replace an existing Chart of Accounts by importing a new one.

When setting up a new QuickBooks account which of the following is true about the Chart of Accounts?

When setting up a new QuickBooks account, which of the following is TRUE about the Chart of Accounts? It is possible to add more accounts after starting a new company. This is correct.