Flashcards
QBO Chapter 5
Cards in this deck (9)
- 13 different ways to navigate sales transaction entry for QBO:Navigation bar, (+) New icon, workspace
- 2Types of sales transactions that we can enter using QBO include:Invoice, Receive payment, Estimate, Credit memo, Sales receipt, Refund receipt, Delayed credit, Delayed charge
- 3When we enter the customers and sales transactions, we need to use what two QBO lists?Customers and products and services list.
- 42 ways that we can update the customers list are:Before and during entering transactions
- 5QBO Plus gives us a choice:Use sub-customers linked to a customer, or use projects linked to a customer.
- 6QBO uses 4 types of products and servicesInventory, non-inventory, service, bundle
- 72 main ways to record customers and sales transactions using QBO:Customer sales using sales receipts, customer sales using invoices
- 8What are accounts receivable?amounts that a customer owes our business.
- 92 different methods that can be used to account for bad debtsdirect write off method, and allowance method.
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- Flashcards on QBO Chapter 5, created by MORGAN RUNYAN on 04/11/2024.
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- MORGAN RUNYAN
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