Flashcards
QUICKBOOKS ONLINE CHAPTER 7
Cards in this deck (9)
- 1QBO IS USED TO RECORD INVENTORY TRANSACTIONS FOR WHAT TWO TRANSACTIONS TYPES?VENDOR TRANSACTIONS
CUSTOMER TRANSACTIONS - 2QBO USES WHAT 3 LISTS TO ENTER INVENTORY TRANSACTIONS?VENDOR LIST
CUSTOMER LIST
PRODUCTS AND SERVICES LIST - 3TWO WAYS TO UPDATE THE PRODUCTS AND SERVICES LIST?BEFORE ENTERING TRANSACTIONS
WHILE ENTERING TRANSACTIONS - 4A RECORD OF AN ORDER TO PURCHASE PRODUCTS FROM A VENDORPURCHASE ORDER
- 5USE TO RECORD A VENDOR BILL IN QBOBILL
- 6USED TO PAY BILLS IN QBOPAY BILLS
- 7USED TO RECORD SALES THE CUSTOMER WILL PAY FOR LATER IN QBOINVOICE
- 8WHEN A CUSTOMER IS PAYING AT THE TIME OF RECEIVING GOODS OR SERVICESRECEIVE PAYMENT
- 9BANK DEPOSIT FOR UNDEPOSITED FUNDS IS NOT AS COMMONLY USED BUT WILL BE NEEDED WHEN?USED WHEN UNDEPOSITED FUNDS WERE SELECTED ON THE RECEIVE PAYMENT FORM