When You Invoice For Time And Costs, Where Does QuickBooks Get The Billable Time Or Costs? A. QuickBooks Places A "Time/Costs" Stamp On The Invoice, But You Must Manually Enter The Line Items On The Invoice. B. From Billable Time Entered On Bills And Checks. C. From Payroll Costs/expenses Marked As Billable On Paychecks. D. From Billable Time Entered On Timesheets And/or Billable Costs Entered On Checks And Bills.

RenDC

» Interview Questions and Answers » Questions » News Feed » Tutorials » rendc.com

Question and Answer:

Home Quickbook

⟩ When you invoice for time and costs, where does QuickBooks get the billable time or costs? a. QuickBooks places a "Time/Costs" stamp on the invoice, but you must manually enter the line items on the invoice. b. From billable time entered on bills and checks. c. From payroll costs/expenses marked as billable on paychecks. d. From billable time entered on timesheets and/or billable costs entered on checks and bills.

d. From billable time entered on timesheets and/or billable costs entered on checks and bills.

Is this answer helpful?
0 Yes | 0 No

174 views

More Questions for you:

What is the purpose of Progress Invoicing?
a. To invoice items marked as billable
b. To automatically update a customer's job status
c. To invoice from an estimate in increments
d. To convert a sales order to an invoice

When you create a statement and select "All open transactions as of statement date," what does QuickBooks show on the statement?
a. Open transactions as of the statement date
b. All transactions during the specified date range
c. Invoice item details for invoices
d. Customer payments that haven't been deposited

You received 5 customer payments in the mail. At the bank you deposit the 5 checks as one deposit. When you record the 5 separate payments in QuickBooks, how do you show that the 5 checks were actually 1 deposit?
a. In the receive payments window, check "deposited with deposit number ."
b. Record all the payments in the same Receive Payments window
c. When you use the Receive Payments window, QuickBooks doesn't deposit the money in your checking account. After you record the 5 payments, click Record Deposits and select the 5 checks.
d. All of the above

When should you create an invoice in QuickBooks?
a. When a customer purchases goods or services and pays you in cash at the time of the sale
b. When a customer purchases goods or services and pays you by check or credit card at the time of the sale
c. When a customer purchases goods or services, but you don't want to record the sale as final
d. When a customer purchases goods or services but does not pay you at the time of the sale

When should you use a Sales Receipt in QuickBooks?
a. To give a customer a receipt for payment of an invoice 
b. To record a customer prepayment or deposit
c. To record a customer payment at the time of sale 
d. To enter a customer early-payment discount

What options do you have after you create a credit memo in QuickBooks?
a. Retain as an available credit
b. Give a refund
c. Apply to an invoice
d. All of the above

What do you need to record in QuickBooks when a customer's check bounces (the customer had non-sufficient funds, NSF)?
a. There is less money in the checking account.
b. The customer owes you for the amount of the check (and optionally a bounced check fee).
c. The NSF fee the bank charged you
d. All of the above.

What report should you use to help you complete the state unemployment tax form?
a. Payroll Summary
b. Payroll Data Review
c. Employee State Taxes Detail
d. State Unemployment report

What form must you give to an employee?
a. 1099
b. 1096
c. W-2
d. 1040

Which of the following is a way to access a report in QuickBooks?
a. From the Reports menu
b. From the Report Center
c. By clicking Reports at the bottom of lists
d. All of the above

rendc.org

Whether it is technological solutions or user-oriented innovations, We have put together for you the best sources of HR Interview Questions and Answers, Tech Ideas, and Programming Tutorials."

Quick Links:

Interview Question and Answer Questions Add Questions News-Feed Add Posts HR Hacks Tutorials Profile rendc.com memeph.com

Question and Answer:

Home Quickbook

Popular Answers:

* There is no answer to the above question yet.

More Questions for you:

Quick Links:

Question and Answer:

Home Quickbook

Popular Answers:

* There is no answer to the above question yet.

More Questions for you:

BE THE FIRST TO KNOW

Quick Links: