QBO 1 How do you access Company Settings? 2 When is it appropriate to add beginning...

QBO

1 How do you access Company Settings?

2 When is it appropriate to add beginning balances to accounts?

3 What steps need to be followed to add an account to the chart of accounts?

4 When you add a beginning balance to an account, what other account is affected?

5 What information is required when adding a new product to QBO?

6 What additional information is required when you add beginning balance amounts to the accounts receivable account?

7 What additional information is required when you add beginning balance amounts to the accounts payable account?

8 Which additional account is used when you close Opening Balance Equity?

9 How do you access the Balance Sheet report?

10 How can you review a Transactions Report for any account when you are viewing the Balance Sheet?

Expert Solution

ekkarill92 answered 1 year ago

You may create Payroll Schedules in Payroll Settings in QBO.

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