Reference no: EM132632511
Problem 1: Taking care of year-end payroll and contractor reports is a key task when preparing for year-end.
Which of the 2 forms below would need to be sent?
(Select all that apply)
Option 1: W-2s are submitted for employees
Option 2: 1099s for subcontractors
Option 3: 1029 for new hires
Option 4: W-3s for customers
Problem 2: What are 3 Accountant tools in QuickBooks Online?
(Select all that apply)
Option 1: Reclassify Transactions
Option 2: Accountant reports
Option 3: Recurring Transactions
Option 4: Closing Date
Option 5: Report tools
Option 6: Audit log
Problem 3: Which Accountants Only Tool allows for categorizing a couple of transactions or a large batch of transactions in only a few clicks?
Option 1: Recurring Transactions
Option 2: Write Off Invoices
Option 3: Reclassify Transactions
Option 4: Prep for taxes
Problem 4: In the Reclassify transaction screen, which 2 elements of a transaction can be reclassified?
(Select all that apply)
Option 1: Locations
Option 2: Accounts
Option 3: Customers
Option 4: Dates
Option 5: Classes
Problem 5: When should an Accountant user use the Write Off tool?
Option 1: When a client has overpaid
Option 2: When a client has outstanding invoices that will not be paid
Option 3: When you wish to remove a duplicate transaction
Option 4: When a user wants to categorize several transactions quickly