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Flashcards

QBO Chapter 1 Navigation and Settings

JULIE STRANGE Information Systems Information Technology English 23 cards

Cards in this deck (23)

  1. 1QBO settingsinclude Company Settings and QBO Chart of Accounts
  2. 2QBO chart of accountsa list of all the accounts for a company which can later be used to sort and track accounting information
  3. 3QBO transactionsexchanges between the company and other parties, such as customers, vendors, and employees
  4. 4Balance Sheetsummarizes what a company owns and owes on a particular day
  5. 5Profit and Loss Statement (Income Statement)summarizes what a company has earned and the expenses incurred to earn the income
  6. 6Statement of Cash Flowssummarizes cash inflows and cash outflows for operating, investing, and financing activities of a business
  7. 7Dashboardprovides and overview and summary of key information for your QBO company
  8. 8Bankingtransactions relate to Bank and Credit Card accounts and transactions
  9. 9Salestransactions relate to customers and sales transactions (money in)
  10. 10Customers & Leadsrelates to tracking customer information and marketing leads
  11. 11Cash flowsummarizes money in and money out for the business
  12. 12Expensestransactions relate to vendors and expenses transactions (money out)
  13. 13Projectsa QBO feature that organizes and tracks the timeline and profitability of projects
  14. 14Payrolltransactions relate to employees and payroll transactions (money out)
  15. 15Timea QBO feature for tracking time for employees and contractors
  16. 16Reportssummarize the output of our QBO financial system
  17. 17Taxesrelate to sales taxes and, if QBO payroll is used, payroll taxes
  18. 18Mileageis a QBO feature for tracking mileage related to your business
  19. 19Accountingdisplays the Chart of Accounts
  20. 20My Accountantis used to connect QBO to your accountant
  21. 21Capitalrelates to funding through QuickBooks Capital or the QuickBooks Marketplace of partner lenders
  22. 22Commercepermits you to connect your QBO company to your sales channels, such as Amazon, eBay, and Shopify
  23. 23Appssummarizes information about apps that work with QBO, such as QB Time and Bill.com

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Information Technology Information Systems Flashcards on QBO Chapter 1 Navigation and Settings, created by JULIE STRANGE on 26/09/2024.
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JULIE STRANGE
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qbo
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