- When an employee reimburses the company
- When you receive a tax refund from the IRS
- When you need to record an ACH payment of a customer invoice
- When a company doesn't need to record sales details
- To record the payment of a vendor bill
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Reference: //quizlet.com/555078366/quickbooks-online-certificationsection-4-flash-cards/ Question 1 Passed: 87% What are 2 ways to access the vendor credit screen in QuickBooks Online? • • Gear icon > Vendor Credit • • Workflows > Expenses > Vendor Credit • • Expenses > Overview > Shortcuts > New Vendor Credit • • Expenses Center > New Transaction > Vendor Credit • • + New > Vendor Credit Question 2 In which 3 cases
would you use the "Add funds to this deposit" grid in a Bank deposit? • • You need to record an ACH payment of a customer invoice • • To record the payment of a bill • • When an employee reimburses the company • • To record a Vendor credit • • When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts • • You receive a tax refund from the IRS Question 3 Brittany provides in-home hairstyling services to her
clients and collects payment from them at the time of service. What type of transaction in QuickBooks Online allows her to record the sale and the payment on a single screen? • • Recurring transaction • • Sales receipt • • Transfer • • Invoice • • Estimate Question 4 What type of transaction is recorded when a customer pays via a payment link? • • Invoice • • Deposit • • Sales receipt • • Journal entry Question 5 Which 3 statements are tru ...
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